Lets say i want to buy a stock at 100 dollars that is the endring price on friday close. So i place a buy limit order in the markde order on 100 dollar. The marked collapses i Europe monday morning. But i forget to move my limit order that is placed in the US marked.
Will i then buy the stock at 100 in the us open, ore is there any other mechanism that defines the opening price of thes tock so I could get the stock for etc 85, even if my limit is set at 100 ?
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A limit order ensures that you get filled at the limit price or better. If the market opens lower (determined by bidders and sellers), you'll get filled on the "inside market".
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A limit order ensures that you get filled at the limit price or better. If the market opens lower (determined by bidders and sellers), you'll get filled on the "inside market".
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Color: