A request that a stock be purchased or sold at the current market price is called a:

Question

Quizplus · Accepted Answer

A market order is a request to buy or sell a stock at the best available price in the market, which is the current market price. A limit order, on the other hand, is a request to buy or sell a stock at a specific price, which may or may not be the current market price. Margin order refers to borrowing money from a broker to purchase an asset, while a spot trade is a transaction in which one currency is traded for another at the prevailing market rate. Therefore, the correct answer is option C) market order.

A Request That a Stock Be Purchased or Sold at the Current