n NISM Certifications
VIII NISM Series VIII
Medium

What happens to a 'Day Order' if not executed during the day?

Practice question from NISM Series VIII - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Executed in auction market

  2. B

    Executed after hours

  3. C

    Executed next day

  4. Automatically cancelled

    Correct answer

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

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