Asked by Crissy Hogue on May 09, 2024

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Verified

An order to buy or sell a security at the current price is a ________.

A) limit order
B) market order
C) stop-loss order
D) stop-buy order

Market Order

An order to buy or sell a security immediately at the best available current price.

  • Grasp an understanding of the liabilities, statutory stipulations, and mechanizations related to the initiation of public offerings and the conduct of securities trading.
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Verified Answer

AE
Alison EsquivelMay 16, 2024
Final Answer :
B
Explanation :
A market order is an instruction to a broker to buy or sell a security at the current market price. This type of order is executed immediately, as long as there are willing sellers or buyers. Therefore, a market order is appropriate when the investor wants to ensure execution of the trade right away, without regard to the price.