CFA Practice Question
Currently the market in a stock is "$30.12 bid, offered at $30.62." A new sell limit order is placed at $30.12. This limit order is said to ______
A. take the market.
B. make the market.
C. make a new market.
Explanation: This new sell order is at the current best bid and will be filled immediately.
User Contributed Comments 1
| User | Comment |
|---|---|
| Mikehuynh | Bid price = sell price => take the market |