A _____ issued by an investor instructs a broker to buy or sell a security at the current market price.

Question

Quizplus · Accepted Answer

A market order is a type of order that buys or sells a security at the current market price. It guarantees execution but not the price at which the trade will be executed. Limit orders, on the other hand, specify a maximum or minimum price at which to buy or sell a security. Safe order and security order are not financial terms used in the context of trading securities.

A _____ Issued by an Investor Instructs a Broker to Buy