A(n)____ order must be monitored very carefully.A(n)____ order must be monitored very carefully.

Question

Quizplus · Accepted Answer

A good-til-cancelled order stays active until it is either executed or cancelled by the investor. Therefore, it requires close monitoring to ensure that it does not remain open for an extended period and result in unintended trades. Day orders, week orders, and fill-or-kill orders have a defined duration or execution requirement, which reduces the need for constant monitoring.

A(n)____ Order Must Be Monitored Very Carefully