Requests by customers to purchase or sell securities at a specified price or better are called
A)market orders.
B)limit orders.
C)short-selling.
D)stop-loss orders.

Question

Quizplus · Accepted Answer

Requests to purchase or sell securities at a specified price or better are known as limit orders. Market orders involve purchasing or selling securities at the prevailing market price, short-selling refers to selling securities that are not owned, and stop-loss orders involve selling securities when they reach a pre-specified price to limit losses.

Requests by Customers to Purchase or Sell Securities at a Specified