A market order is an order placed to immediately buy or sell securities at the best possible price.
A limit order is an order to buy or sell a security at a specified price. This type of order can only be executed at the specified price or better. Shareworks permits a limit order to be in effect for up to 30 calendar days, and not end on a weekend or holiday.
Participants can choose the type of order they wish to fill for both option exercises and share withdrawals. Available options are dependent upon the defined parameters for each specific plan.
