|Spanish to English translations [PRO]|
Bus/Financial - Investment / Securities / Stock Market
|Spanish term or phrase: orden por lo mejor|
|A type of order for a transaction on the stock market,|
It means that the order will be executed at the price available in the market,as in the reference below:
Tracey wants to buy 100 shares of QRS stock right away. She doesn’t care if the price increases or drops, as long as she purchases it. She contacts her Financial Advisor, who places a market order. This tells the floor broker to execute the trade immediately, regardless of market conditions. Market orders are filled at the best possible price.
I hope it helps
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