Finance · Trading Orders
What is a limit order (or limited price order) in securities trading?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An order to execute a trade only during the final fifteen minutes of a market session
- 2An order that limits the total number of shares an investor can trade within a single day
- 3An order to buy or sell a stated amount of a security at a specified price or better✓
- 4An order to buy or sell a security immediately at the best available current market price
Correct answer
An order to buy or sell a stated amount of a security at a specified price or better
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