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An investor places a ________ order with a broker to sell a stock at the best price available at that time.? |
1. a.discretionary Market Ziggy got it Market order: An investor's request to buy or sell stock at the current market price is called a market order. A market order instructs the brokerage firm to obtain the highest price possible--if the investor is selling--or the lowest price possible--if the investor is buying. In contrast, a limit order instructs the brokerage firm not to pay more than a specified price for a stock if the investor is buying or not to accept less than a specified price if the investor is selling. |
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