If a customer gives his broker-dealer an order to sell his stock if it falls to or below 69 and will not accept a price below 69

Question

kifflom [539]

3 years ago

7

If a customer gives his broker-dealer an order to sell his stock if it falls to or below 69 and will not accept a price below 69

, the order is A) a stop limit order. B) a sell limit order. C) a buy limit order. D) a stop order.

Business

1 answer:

Vlad1618 [11] · Answer 1 · 2022-08-13T04:24:29+03:00

Vlad1618 [11]3 years ago

3 0

Answer:

D Stop Order

Explanation:

When an order is entered , the customer has directed that it should not be engaged until the stock is at or below 69, a STOP order. Because the client will not accept an execution below 69 it is a stop limit order.