n NISM Certifications
XXI NISM Series XXI-A
Medium

Which of the following is a 'Market Order'?

Practice question from NISM XXI A for PMS - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. An order to buy or sell immediately at the best available price

    Correct answer

  2. B

    An order to buy or sell at a specified price in the future

  3. C

    An order to buy or sell only at the closing price

  4. D

    An order that can only be placed during market hours

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

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