Does Merrill Edge allow Market on Close orders?

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grinvestor
Posts: 4
Joined: Thu Sep 12, 2019 12:40 pm

Does Merrill Edge allow Market on Close orders?

Post by grinvestor » Wed Mar 25, 2020 12:01 pm

I'm thinking of moving some money to Merrill Edge to take advantage of an account opening bonus. I frequently place Market on Close orders (or, if available at the particular broker, Limit on Close orders), and I'd like to find out whether Merrill Edge order entry offers either or both. Thanks.

cork
Posts: 20
Joined: Thu Aug 01, 2019 12:37 pm

Re: Does Merrill Edge allow Market on Close orders?

Post by cork » Wed Mar 25, 2020 3:08 pm

I'm with Merrill, and have not seen that option on ETF trades.
And assuming it's a Market Order at the Close of trading that day, I don't believe it is available.
If you are interested I could get a list of the various orders available.

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