FINRA Series 6

Category - Series 6

An order to buy or sell a stock at the prevailing market price is called a(n):
  1. open-ended order.
  2. market order.
  3. stop order.
  4. limit order.
Explanation
Answer: B - An order to buy or sell a stock at the prevailing market price is called a market order. Stop orders and limit orders specify prices at which the order is triggered.
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