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Orders can be placed in person , phone call or using the brokers on line platform . It can be a buy or sell order.
Types of orders are: Market order
Limit order
Stop order
Conditional order
Validity of order:
Day order ,Good till canceled ,Good till date, Immediate or cancel, fill or kill,all or none, at the open , at the close, minute
We can place order through a broker. There are two types of order:
1. Buy Order and
2. Sell Order.
Validity of the order is only a day. If the order is not executed, buyer and seller have to place a fresh order next day.
Either manually by interacting with the broker or online
Buy/Sell order – delivery based for indefinite period / Intraday settlement spanning a single trading day
Futures & options lasting till its expiry (last thursday of every month)
- Order in stock market can be placed through a broker on trading platform
- Types of order are buy and sell orders
- There is no fixed validity of the order it is considered as a deal when it meets buyer/seller.
How to place Order: Orders are placed through Stock broker in Market Window via membership login in BSE/NSE online trading platform
Types of Orders: Buy order – to buy shares at a specified price. Sell Order – Sell shares at specified price
Validity of order: All the orders are valid only until the Market close time i.e 3.30 PM on a particular day. All order which are not executed are cancelled after the market close hours
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