CFA Practice Question
Currently the market in a stock is "$30.12 bid, offered at $30.62." A new buy limit order is placed at $30.62. This limit order is said to ______
B. make the market.
C. make a new market.
A. take the market.
B. make the market.
C. make a new market.
Correct Answer: A
This new buy order is at the current best bid and will be filled immediately.
User Contributed Comments 0
You need to log in first to add your comment.