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At-The-Close Order

外汇网2021-06-19 15:58:34 152
An order specifying that a trade is to be executed at the close of the market, or as near to the closing price as possible.

Taobiz explains At-The-Close Order

It's essentially a market order that doesn't get entered until the last minute (or thereabouts) of trading. With this type of order you are not necessarily guaranteed the closing price but usually something very similar.

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