Question
Fill in the blanks naming the type of trade order An order to buy or sell a specified number of shares (or bonds, etc.) at
Fill in the blanks naming the type of trade order
An order to buy or sell a specified number of shares (or bonds, etc.) at the best available price Is an order in which the client sets a specific price at which the transaction may be executed; or a better price if the trade is able to obtain it
Is usually at a specific price and remains on the dealers books until the order is executed or cancelled
The trader must execute the total number of shares as specified on the order before the client will accept a fill
The exact opposite of an all or none order, in which the client will accept all stock in odd, broken or board lots up to the full amount of his order
Is an order to buy or sell that is good for a specified number of days and then automatically cancelled if it has not been filled
Is an order to sell, which becomes effective as a market order when the price of a board lot of stock declines to or below the stated limit (stop) price
It is put in by a person who has sold a security short, as an attempt to reduce loss (or protect a profit) should the price rise unexpectedly
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