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MIT orders
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MIT orders
Hi. Please tell me the difference between the limit orders and the MIT orders. Thanks. -
A limit order will only fill at your specified limit price or better. A MIT (market-if-touched) order will execute a market order once your designated price is reached and will fill at any available price. This may or may not be a "worse" fill depending on market conditions.
I would recommend doing further internet research on different order types for further information.
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