SIE practice questioneasyOrder Types
Which order would guarantee execution but not price?
- AAll-or-none order
- BLimit order
- CStop-limit order
- DMarket order✓ Correct answer
Explanation
Why D — Market order
Market orders guarantee execution at the best available price. Limit and stop-limit orders guarantee price but not execution. All-or-none orders add execution conditions (all shares or none) that could prevent execution.
Turn it into reps
Reading one answer is not the same as being ready
Lucky the Banker is a free practice app with 1,867+ SIE questions, weak-area tracking, and timed mock exams. No credit card, no paywall.
Spot an error in this question or explanation? Tell us — we fix these fast.
Related Trading & Settlement questions
- Which of the following describes a sell stop order?
- A client enters a GTC (good-till-canceled) order. What does this mean?
- What is the main purpose of a stop-limit order?
- Who is responsible for ensuring best execution of a customer’s order?
- A customer wants to ensure a stock is not sold below a certain price. Which order type is most appropriate?
- A client places a stop order to sell shares at $50. What happens if the stock trades at $50?
- If an investor wants to set a minimum price that they will accept for selling shares, which order should they use?
- Which type of order instructs a broker to buy a security only if it can be purchased at a specified price or lower?