An investor places a ________ order with a broker to sell a stock at the best price available at that time.

Question

Quizplus · Accepted Answer

A market order requests that the broker sells the stock at the current market price, which means the best price available at that moment. Discretionary orders allow the broker to make decisions on behalf of the investor. Limit orders set a specific price at which the investor is willing to sell the stock, and leveraged orders use borrowed money to increase the investment, which is not applicable in this scenario.

An Investor Places a ________ Order with a Broker to Sell