Glossary

At OR Better

“At or better” is another kind of order. It gives instructions to the broker to buy or sell an asset or instrument at a certain value or over that value. 

Since there is a certain limit at which the order needs to be executed, it is considered a limit order. 

Based on that, this order might take a longer period to be executed and might even not be executed at all. 

For example, a trader wants to sell a share at 150 USD or above. If the value never reaches that limit, the order is not going to be executed. 

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