SIE practice questionmediumOrder Types
Which order guarantees execution but not price?
- AStop-limit order
- BLimit order
- CMarket order✓ Correct answer
- DAll-or-none order
Explanation
Why C — Market order
Market orders are executed immediately at current prices, ensuring execution but not the price. Limit orders only execute at desired price or better, stop-limit combines triggers and limits, and all-or-none focuses on quantity.
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