A(n)________ is a stock trade request that stays on the books until it is completely filled or cancelled or 60 calendar days have passed.

Question

Quizplus · Accepted Answer

A good-til-cancelled order, as the name suggests, stays on the books until it is completely filled or cancelled, or until 60 calendar days have passed. This type of order is useful for investors who want to hold their positions for an extended period without having to submit a new order every day.

A(n)________ Is a Stock Trade Request That Stays on the Books