> For the complete documentation index, see [llms.txt](https://docs.pearprotocol.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pearprotocol.io/api-integration/executing-trade/order-type/market-order.md).

# Market Order

Market orders execute pair trading positions immediately at current market ratios. By default, the slippage is set to 8%. All assets will be executed in a single transaction.

Market order can be placed using the [Positions](/api-integration/api-specification/positions.md#post-positions) with `executionType: "MARKET"`.