SIE Exam Question 946: Answer and Explanation

Question: 946

Which of the following is an order to purchase a security at or below a specified price?

  • A. Buy stop order
  • B. Buy market order
  • C. Buy limit order
  • D. None of the above are correct.

Correct Answer: C

Explanation:

A buy limit order is an order to purchase a security at or below a specified price.

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