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Basic Question 0 of 4
What order instructions indicate when to fill an order?
B. Validity instructions
C. Clearing instructions
A. Execution instructions
B. Validity instructions
C. Clearing instructions
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 |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
compare the value and price of forward and futures contracts
explain why forward and futures prices differ
CFA® 2025 Level I Curriculum, Volume 5, Module 6.