n NISM Certifications
XIII NISM Series XIII
Medium

The price for MARKET ORDERS is decided by __________.

Practice question from NISM Series XIII for SIF - Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The client

  2. B

    The broker/clearing member

  3. The Exchange System / the Trading System

    Correct answer

  4. D

    The price is mentioned when the order is entered

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

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