A ____ order is an order to execute at the best price available when the transaction reaches the market.
A) limit
B) stop
C) trade
D) market

Question

Quizplus · Accepted Answer

A market order is an instruction to buy or sell at the current market price. It will execute the transaction immediately once submitting the order, with no restrictions on the buy or sell price, which ensures a prompt purchase or sale of the asset at the best possible price. Therefore, the best choice is D, which is the market order.

A ____ Order Is an Order to Execute at the Best