DAY ORDER DEFINITION
- George Solotarov
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A day order is a type of order, or instruction from a trader to their broker, to buy or sell a certain asset.
A day order is a type of order, or instruction from a trader to their broker, to buy or sell a certain asset.
Blue-chip stocks are the shares of companies that are reputable, financially stable and long-established within their sector. Over time, the companies that are considered blue-chip tend to change, so the exact definition of what is required for blue-chip status can be vague. However, a company that is considered blue-chip will tend to be at or near the very top of its sector, feature on a recognized index, and have a well-known brand.