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40
A limit order
A.Is an order to trade up to a certain number of futures contracts at a certain price
B. Is an order that can be executed at a specified price or one more favorable to the investor
C.Is an order that must be executed within a specified period of time
D.None of the above
A.Is an order to trade up to a certain number of futures contracts at a certain price
B. Is an order that can be executed at a specified price or one more favorable to the investor
C.Is an order that must be executed within a specified period of time
D.None of the above
Answer: B
In a limit order a trader specifies the worst price (from the trader’s perspective) at which the trade can be carried out.
In a limit order a trader specifies the worst price (from the trader’s perspective) at which the trade can be carried out.
Flashcard info:
Author: CoboCards-User
Main topic: Finance & Investment
Topic: Derivatives
Published: 27.10.2015