Series 7 - General Securities Representative Exam
Training Mode
A customer wants have a stock buy order executed right away in CDEF stock. She wants to buy 8,000 shares at a limit price of $28.27. She requires the whole order to be filled right away or she does not want to buy any at all. If the order is not filled, she wants the order automatically canceled. What order type will you recommend to her?
Immediate-or-cancel
A
Market-on-close
B
All-or-none
C
Fill-or-kill
D