ES/NQ market order

hi,

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.

 

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

 

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

 

yes