n NISM Certifications
XIII NISM Series XIII
Medium

A trader places a limit order to buy GBPINR one-month futures at ₹80.50 while the market is at ₹80.80. If the market fluctuates between ₹80.40 and ₹81, at what price is the order likely to be executed?

Practice question from NISM Series XIII for SIF - Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    80.50

  2. At or below 80.50

    Correct answer

  3. C

    Any price above 80.50

  4. D

    Any price between 80.40 and 81

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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NISM Series XIII for SIF - Mock Test 7