Test: order types
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Question 1 of 4
1. Question
Connect the term with the matching sentence
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- is a buy or sell order to be executed immediately at the current market price
- is an order to buy or sell a stock at a specific price or better
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Market-order
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Limit-order
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Question 2 of 4
2. Question
Connect the sentence with the right term
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- Market orders
- Limit orders
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Are used when certainty of execution is a priority over the price of execution
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Are used when the trader wished to control price rather than certainty of execution
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Question 3 of 4
3. Question
A market order can have the condition ‘Good to Cancel’.
Which of the below answers about this statement is correct?
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Question 4 of 4
4. Question
When will a good to cancel limit order be executed?
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