A request that a stock be bought or sold at the current market price is called a ____________ order.
A) market
B) limit
C) stop
D) round
E) discretionary

Question

Quizplus · Accepted Answer

A market order is a request to buy or sell a stock at its current market price. This type of order executes quickly because it prioritizes speed over price. Limit orders specify a maximum or minimum price at which to buy or sell a stock, stop orders trigger a market order when a stock reaches a certain price, round orders are not a commonly used order type, and discretionary orders give the broker the ability to use their judgment to execute a trade.

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