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Market Orders offer product to a partner or authorized buyer at the seller’s offered price. Once the buyer places the order and other requirements are met, the trade is matched and becomes final.
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Bids are used by partner or authorized buyers to submit a price lower than the seller’s offer. If the seller allows, the trade will match and become final when the offer price comes down to the buyer’s bid price and the seller’s requirements are met. The seller also has the option to manually accept the bid.