Here what you need to know about market prices and average prices on Maya Stocks
MAYA STOCKS PRICES – This article will teach you about the difference between a market price and an average price.
The fintech company’s new investment product lets you open an account and invest in stocks directly with your broker in the app without tedious paperwork to slow you down.
But what is the difference between a market price and an average price?
Market price
A market price represents the latest price of a stock of a company.
Average price
An average price represents, on average, how much the cost of each stock that you bought from a particular company is.
You may also visit: Maya Stocks Prices — What Are Bid Price and Ask Price?
Keep in mind that the profits and losses of your existing investments on Maya’s investment product may be seen in your broker’s portfolio page. Also, the portfolio page displays all your existing stock holdings and your portfolio’s valuation that is based on latest prices.
Meanwhile, your investment’s gains or losses will be displayed that is based on the latest valuation. Gains or losses are only realized if you sold your stock position.
When it comes to the status of your pending stock orders, it may be seen in the order book. The order book, according to Maya, should display all your trades that are pending or have been successfully executed.
But in terms of the processing time for trades, it should normally take a couple of seconds as long as the target price of your order matches the current market price of the stock.
There are corresponding fees for using Maya Stocks when you want to buy or sell your stocks: the Broker Fees and Platform Fees.
