A ___________ order means that the customer wants the security bought or sold immediately at the best possible price.

Question

Quizplus · Accepted Answer

A market order is an order to buy or sell a security immediately at the best available price. This means that the trade will be executed at the current market price, regardless of what that price may be. Market orders are generally used when speed of execution is the primary concern, rather than price.

A ___________ Order Means That the Customer Wants the Security