ES/NQ market order

Discussion in 'Index Futures' started by ganesh6, Feb 10, 2008.

  1. ganesh6



    Have a question regarding ES market order.

    When the bid price is 1320.50 and ask price 1320.75 ,
    If I sent a market order to buy, will it be executed at 1320.75
    OR it can be any other price greater than current ask price.

    Thanks for any reply.
  2. sk8erboy


    by the time you order is executed, ask can be higher, so your buy order will be executed at a higher price.
    you can also place a limit buy order at ask price to prevent bad fill
  3. ganesh6


    If the ask did not move higher , will the market order be executed at the current ask price.
  4. sk8erboy