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SIE: Trading & Settlement
SIE practice questioneasyOrder Types

Which of the following order types guarantees execution but not price?

  1. AStop-limit order
  2. BLimit order
  3. CMarket order✓ Correct answer
  4. DBuy stop order
Explanation

Why CMarket order

Market orders guarantee execution at the best available price but do not guarantee price. Limit and stop-limit orders guarantee price but not execution; buy stop orders do not guarantee execution or price.

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