Make-To-Order - What do you mean by orders?

Q: What do you mean by orders?

An order is the fundamental trading unit of a securities market. Orders are typically placed over the phone or online through a trading platform, although orders may increasingly be placed through automated trading systems and algorithms. Once an order is placed, it follows a process of order execution.

Answer

The basic building block of any securities market is an order. The most common methods of placing an order are via a trading platform or over the phone, however automated trading systems and algorithms are becoming more common. A procedure for order execution is followed when an order is placed.

Make-To-Order - What do you mean by orders?

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