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Basic Question 1 of 13

What order instructions indicate when to fill an order?

A. Execution instructions
B. Validity instructions
C. Clearing instructions
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User Contributed Comments 3

User Comment
guida why validity instructions?
dipu617 Execution instructions for - how to fill.
Validity instructions for - when to fill.
Clearing instructions for - how to settle the final settlement.
ascruggs92 Why? Because it says so in the notes. Take 5 seconds to look at the reading and you'll see how easy it is to find it
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

compare execution, validity, and clearing instructions

compare market orders with limit orders

CFA® 2025 Level I Curriculum, Volume 3, Module 1.