Ted: When selling stock, what is the difference between a “market” order and a “batch” order?
I would like to sell some stock I have but need to know what the difference is between the two. Is it the fee that is charged for selling the stock?
Answers and Views:
Answer by Nina Durant
The answer is market order.
The difference between the two, market orders are when you sell your stock to the highest bidder, execution time should be quick. Batch sales are for the benefit of the broker so that they can consolidate many orders into a single transaction. This would not apply to you.
You could also sell using a “limit” order where you decide what price you want to sell and your broker will use a market maker to park your shares for sale at the price you set with the “limit”. Execution time will be slower as you are at the mercy of buyers coming to you rather than you going directly to the buyers if using a “market” order.
Hope this was helpful. Good luck!
Answer by Katlyn ForesterYou can check out the website and see what you think.Answer by Reza Prasetyo
Market order sales trigger immediately, and differerent from batch order sales that sell at the end of the day.
Look for initial costs for the best direct purchase plan. While minimums and costs shouldn’t be the reason you purchase the stock, they can narrow the field if you have several different stocks you like. There are minimum initial fees to set up an account for different shares. Some are $ 15 or higher, and others cost nothing. Obviously, if you are wavering between two stocks and one makes it free to set up the account, that can be the deciding factor.
See if there’s a fee for automatic investment or future cash purchases. Again, the fees vary, and you use them to decide between two different stocks, not to select a stock to purchase. There are also fees for the sale of the stock. They include both a flat fee and a processing fee, per share. You’ll find that market order sales run higher than batch order sales; it’s worth comparing the two when you sell.
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