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The Life of an Order Explained: What Happens After You Hit Buy? | Canadian Investing
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Episode Summary In this episode, John and Jane trace the journey of a single trade from the moment you tap "buy" on your phone to the final confirmation. Jane shares a common frustration: seeing one price on her screen but being filled at a slightly higher one. John explains that the screen shows a quote, not a guaranteed price, and breaks down the automated steps—validation, routing, and matching—that occur in milliseconds. The hosts explore how your own trade can move the market and why…
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