A market order does not need to specify a price, and it is bought or sold at the current market price.
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1. Market orders do not guarantee the best execution price, especially when the market changes rapidly, market orders may be executed at a higher or lower price.
2. Note that the market order will be calculated according to the mkt order multiplier * current price, and FUTU would change or reset the multiplier according to market situation. Your purchasing power will be reduced accordingly. After the order is completed or cancelled, the frozen part of the purchasing power will be released.
Market order is a convenient online trading method provided by Futu for customers. Futu provides stable services as much as possible, but it cannot guarantee its absolute reliability. If the market orderis not executed due to network interruption, server abnormality and other physical factors, Futu will not be liable for any loss or damage caused thereby.
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