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 Glossary   >   A   >   "At best" Definition   

        At best

An "at best" order is an order given by a client to a broker where no particular instruction is given on the price. So, an instruction to "buy 500 shares in AstraZeneca "at best" means that the broker will complete the purchase at the best price available on the "order book" at the time, and the client cannot be sure what that price is going to be.In contrast when a client places a "limit" order he actually dictates the price at which he is willing to buy or sell, and the broker can only make a deal within the limit given.

At best


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At best - An "at best" order is an order given by a client to a broker where no particular instruction is given on the price. So, an instruction to "buy 500 shares in AstraZeneca "at best" means that the broker will complete the purchase at the best price available on the "order book" at the time, and the client cannot be sure what that price is going to be.In contrast when a client places a "limit" order he actually dictates the price at which he is willing to buy or sell, and the broker can only make a deal within the limit given.


At best : an "at best" order is an order given by a client to a broker where no particular instruction is given on the price. so, an instruction to "buy 500 shares in astrazeneca "at best" means that the broker will complete the purchase at the best price available on the "order book" at the time, and the client cannot be sure what that price is going to be.in contrast when a client places a "limit" order he actually dictates the price at which he is willing to buy or sell, and the broker can only make a deal within the limit given.