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Basic Question 2 of 13

Currently the market in a stock is "$30.12 bid, offered at $30.62." A new sell limit order is placed at $30.50. This limit order is said to ______

A. take the market.
B. make the market.
C. make a new market.

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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

Andrea Schildbach

Learning Outcome Statements

compare execution, validity, and clearing instructions

compare market orders with limit orders

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