A(n)________ is a trailing-stop order with an upper price limit trigger.
A)bracket order
B)extended-hours order
C)good-til-cancelled order
D)short-sell order

Question

Quizplus · Accepted Answer

A bracket order is an order that involves attaching multiple orders to a single trade. In this case, a trailing-stop order with an upper price limit trigger would be considered a type of bracket order. The trailing-stop order would follow the price movement of the asset, while the upper price limit trigger would prevent the order from executing above a certain price point.

A(n)________ Is a Trailing-Stop Order with an Upper Price Limit