Question: If an at-the-open order is not executed at the opening price, what happens to the order? (A) It is cancelled. (B) It becomes a market

If an at-the-open order is not executed at the opening price, what happens to the order?

(A) It is cancelled.

(B) It becomes a market order.

(C) It becomes a day order.

(D) It becomes a limit order.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Fraud Examination Questions!

Q:

1. A researcher compares the number of calories consumed daily by a sample of obese 5-year-olds to the recommended calories for this age group. As part of her analysis, she finds 2 = .15. a. The name...

Q:

1) The capital market consist of: A. Treasury bill B. Certificate of deposit C. Purchases agreement D. Common stock 2) The money market consist of: A. Certificate of deposit B. Common stock C....

Q:

The goal of the trading game is to end up with the most valuable portfolio. To refresh your memory of security markets, read relevant chapters in the textbook.The game will take place over the period...

Q:

The goal of the trading game is to end up with the most valuable portfolio. To refresh your memory of security markets, read relevant chapters in the textbook. The game will take place over the...

Q:

Match the appropriate market order to the correct definition Limit order Stop order Stop - limit order Discretionary order Options - choose. 1 , the order can be executed only at this price or at one...

Q:

Suppose that you had submitted a limit order to buy Facebook (FB) at \$128.50. Now, the latest stock quote for FB is $128.25 bid and $128.45 ask. Based on this latest stock quote, your order will be...

Q:

1) The capital market consist of: A. Treasury bill B. Certificate of deposit C. Purchases agreement D. Common stock 2) The money market consist of: A. Certificate of deposit B. Common stock C....

Q:

As if dealing with economic cycles, fuel price volatility, organized labor, changing customer demographics, and increased competition was not enough... Delta CEO Ed Bastian assumed the role of Deltas...

Q:

Hello! I need a brief summary (including the big ideas or major points of the article) along with some synthesis of the ideas and some of your own thoughts for the article that is attached. Length of...

Q:

Fill in the blanks naming the type of trade order An order to buy or sell a specified number of shares (or bonds, etc.) at the best available price Is an order in which the client sets a specific...

Q:

Fill in the blanks naming the type of trade order An order to buy or sell a specified number of shares (or bonds, etc.) at the best available price Is an order in which the client sets a specific...

Q:

Show that Ex on the axis of a ring charge of radius a has its maximum and minimum values at x = +a/2 and x = a/2 . Sketch Ex versus x for both positive and negative values of x.

Q:

1. The current stock price is $80. The stock pays a dividend of $2 every quarter. The risk-free rate is 4%. Over each of the next three-month periods the stock could go up by 10% (u=1.1) or down by...

Q:

According to the strong form of efficient murket hypothesis: A ) theing issider information one can earn ahoormally high return from stocks. ( 1 8 ) Using past price and volume informution ooc cian...

Q:

The probabilities of a return on an investment of $5,000, $7,000, and $9,000 are 1 / 2, 3/8, and1 / 8.