SIE practice questioneasyOrder Types
Which order type guarantees execution but not price?
- AStop order
- BLimit order
- CMarket order✓ Correct answer
- DStop-limit order
Explanation
Why C — Market order
A market order will always execute at the next available price but does not guarantee the price. Limit orders specify a price and may not execute. Stop and stop-limit orders also depend on price conditions being met.
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