Canadian Securities Course (CSC) Practice Exam · Question
An investor wants to buy shares of ABC Corp. as soon as possible at the best available price. Which order type should they place?
A market order instructs the broker to buy or sell a security immediately at the best available current price.
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Question: An investor wants to buy shares of ABC Corp. as soon as possible at the best available price. Which order type should they place?
Answer options: ✅ Market order
- Limit order
- Stop order
- Good 'til Canceled (GTC) order
Correct answer: Market order
Explanation: A market order instructs the broker to buy or sell a security immediately at the best available current price.
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