Question
Which one of the following statements is false? A Fill or Kill is a limit order to buy stocks at a certain price. If the
Which one of the following statements is false?
A Fill or Kill is a limit order to buy stocks at a certain price. If the prevailing price is higher than what is specified, the order is cancelled
A market order is simply an order to buy or sell a stock immediately at the prevailing market price.
If stock ABC is selling at $50, a limit-buy order may instruct the broker to buy the stock if and when the share price falls below $45.
A limit-sell order is where investors specify prices, higher than the current market price, at which they are willing to sell a security.
A limit stop-sell order is where investors specify prices, higher than the current market price, at which they are willing to sell a security.
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