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Open orders are those unfilled and working orders still in the market waiting to be executed Orders may remain open because certain conditions such as limit price have not yet been met Occupation Commodity Trading Advisor.
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An order may remain open when an investor places conditions on their transaction such as a price minimum If the condition is not met (eg the stock has not yet reached the minimum amount requested by the investor) the order remains 'open' Why Does an Open Order Matter? While a market order is executed immediately an open order may take time to fill or.
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