Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
What are the differences between market orders
and limit orders?
Expert Solution
Step 1
Market orders might not be executed external of market times or if trading in a specific stock is stopped or postponed.
Limit orders permit you to set a supreme buying price for your purchase order, or a least sale price for vend orders. When the market could not reach your limit price, your order might not be performed.
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