An order to sell stock at the market price when the price of the stock falls to

Question

An order to sell stock at the market price when the price of the stock falls to a specified level is called a: Answer

limit order
market order
short sale
stop-loss order

An option is ______________ if its exercise price is equal to the current market price of the underlying asset. Answer
in-the-money
out-of-the-money
at-the money
on-the-money

Existing securities are traded: Answer
in the primary markets
in the secondary markets
only on organized exchanges
only over-the-counter

An order for immediate purchase or sale at the best possible price is called a: Answer
market order
limit order
stop loss order
margin order
A market whereby large institutional investors arrange purchases and sales of securities among themselves without the benefit of a broker or dealer is referred to as the: Answer
primary market
secondary market
third market
fourth market

Explanation / Answer

a)stop-loss order
b) at-the-money
c)
in the secondary markets

d) market order
e)third market

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