A buy or sell order in which the broker is to execute the order at the market's opening. It does not guarantee the trade will be executed at the listed opening price, but the trade will be executed within a range of prices, or not at all.
Related information about market on open order:
- Market-on-Open (MOO) Orders
You've transmitted your market-on-open order. The order will be held in the system and submitted when the market opens the next day.
- Order (exchange) - Wikipedia, the free encyclopedia
For example, a market-on-open order is guaranteed to get the open price, whatever that may be. A buy limit-on-open order is filled if the open price is lower, not ...
- Market-on-Open Order Definition – Backtesting Blog: A Private ...
Oct 23, 2008 ... Due to using historical end-of-day data, a next day market order in backtesting behaves most like a Market-on-Open order because it takes the ...
- What is market on open order? - InvestorWords.com
Definition of market on open order: A buy or sell order in which the broker is to execute the order at the market's opening. It does not guarantee the trade will be ...
- What is market on open order? - BusinessDictionary.com
Definition of market on open order: Market order which is to be executed as early as possible at the beginning of a trading day.
- NYSE Arca Equities Order Types | U.S. Equities
A market order that is to be routed as a market-on-open order to the primary market for participation in the primary market opening or re-opening process.
- MOO or Market on open order - Stock Trading Infocentre
MOO or Market on open order allows the trader to buy or sell in the market open auction at a market price.
- Hack the market » execution quality at the open & close
Aug 1, 2008 ... Market-on-Open Order Definition – Backtesting Blog: A Private Trader's Resource for Strategy Development. January 13th, 2010 at 01:12 | #3 ...