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On-Close Order


A specialized order that a customer places to a broker or an exchange, with the former specifying that the order is executed (i.e., filled) at the closing price of a given trading day. Exchanges used to allow for execution during the period of 30-to-60 seconds preceding the closing bell (at the closing bell).

This order is also known as an at-the-close order or a closing order.



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This section covers a wide-ranging array of terms and concepts, among others, in the area of exchanges and financial marekts at large ...
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