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Options
- A
On receipt of the order at the Exchange system, an order confirmation is sent to the broker.
- B
Depending upon the order terms and market prices, the order may get executed immediately, partially, or fully.
-
The order can be entered for buy or sell irrespective of whether the client has sufficient balance of funds or securities.
Correct answer
- D
All of the above
Why this is the answer
Clients must maintain sufficient balance of funds or securities before placing orders. If sufficient balance is not available, the order will not be entered into the system.
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