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What is a limit order in trading?
  • a)
    A request to buy or sell a security at the best available price
  • b)
    A request to buy or sell a security at a specific price
  • c)
    A negotiation process between the buyer and seller for a better price
  • d)
    A request to buy or sell a security at the opening price of the trading day
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What is a limit order in trading?a)A request to buy or sell a security...
A limit order in trading is a request to buy or sell a security at a specific price or better. It establishes a maximum purchase price or minimum selling price. The order is filled if and only if it can be filled at the specified limit price or better.Additional Fact: Limit orders give traders more control over the execution price of their trades. By setting a specific price, traders can aim to buy at a lower price or sell at a higher price than the current market price. However, there is a possibility that a limit order may not be filled if the specified price is not reached.
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What is a limit order in trading?a)A request to buy or sell a security at the best available priceb)A request to buy or sell a security at a specific pricec)A negotiation process between the buyer and seller for a better priced)A request to buy or sell a security at the opening price of the trading dayCorrect answer is option 'B'. Can you explain this answer?
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What is a limit order in trading?a)A request to buy or sell a security at the best available priceb)A request to buy or sell a security at a specific pricec)A negotiation process between the buyer and seller for a better priced)A request to buy or sell a security at the opening price of the trading dayCorrect answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is a limit order in trading?a)A request to buy or sell a security at the best available priceb)A request to buy or sell a security at a specific pricec)A negotiation process between the buyer and seller for a better priced)A request to buy or sell a security at the opening price of the trading dayCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is a limit order in trading?a)A request to buy or sell a security at the best available priceb)A request to buy or sell a security at a specific pricec)A negotiation process between the buyer and seller for a better priced)A request to buy or sell a security at the opening price of the trading dayCorrect answer is option 'B'. Can you explain this answer?.
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