Question: Multiple Choice Question Because it may not be possible to execute a limit order immediately, the order is recorded in a ( n ) maintained

Multiple Choice Question
Because it may not be possible to execute a limit order immediately, the order is recorded in a(n)
maintained by the
and is executed when and if the current market price of the
stock equals the limit price.
database; stock exchange
database; brokerage firm
order book; designated market maker
order book; broker
Need help? Review these concept resources.
Read About the Concept
Rate your confidence to submit your answer.
 Multiple Choice Question Because it may not be possible to execute

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 Finance Questions!