Kenji is another investor who currently owns shares of ESolver stock. He would like to place a particular kind of limit order, i

Question

3 years ago

15

Kenji is another investor who currently owns shares of ESolver stock. He would like to place a particular kind of limit order, i

n which the order is canceled if it cannot be executed immediately at the specified price or better. This type of order is known as

Business

1 answer:

Mars2501 [29] · Answer 1 · 2022-09-02T00:12:41+03:00

Answer: Fill or kill order

Explanation:

A fill or kill order is used when an individual or firm wants to either buy or sell a stock and in such cases, the order must be done as quickly as possible in its entirety.

If the order isn't done immediately at the price that has been specified or a price that's more than the specified price, such order is cancelled. Also, for a fill or kill order, partial execution isn't applicable.