n NISM Certifications
VII NISM Series VII
Medium

________ order gets executed immediately.

Practice question from NISM Series VII Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Limit

  2. B

    Stop Loss

  3. C

    EOD

  4. Market

    Correct answer

Why this is the answer

Market orders are executed immediately at the best available price without specifying a price.

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