In regards to types of order, which of the below statements is FALSE?
A) The simplest type of order is the market order, an order to be executed at the best price available in the market.
B) The danger of a market order is that an adverse move may take place between the time the investor places the order and the time the order is executed.
C) A buy limit order indicates that the stock may be purchased only at the designated price or lower, while a sell limit order indicates that the stock may be sold at the designated price or higher.
D) The key advantage of a limit order is that there is no guarantee that it will be executed at all; the designated price may simply not be obtainable.
Correct Answer:
Verified
Q11: Which of the below statements is TRUE?
A)
Q12: The _ is a conditional order and
Q13: If the price at a future date
Q14: Which of the below statements is FALSE?
A)
Q15: During the past 50 years, common stock
Q17: Equity securities represent _ interest in a
Q18: Implicit trading costs include _.
A) influence costs,
Q19: _ is the "cost" of securities not
Q20: An investor preferentially routes their order to
Q21: Which of the below statements is FALSE?
A)
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