A market order would be transacted at the
A)lowest price of the day.
B)highest price of the day.
C)best price when the order is entered.
D)limit price.
E)none of these.

Question

Quizplus · Accepted Answer

A market order will be transacted at the best price available when the order is entered. It can be higher or lower than the current market price depending on the availability of liquidity. The lowest or highest price of the day or the limit price are not relevant for the execution of a market order.

A Market Order Would Be Transacted at the