A customer has his broker enter an order to buy GHI stock at the opening. Though transmitted promptly, the order does not reach GHI's trading post in time to be filled at the opening. How is the order handled?
A) The order is executed in the day, at a price as close to the opening price as possible.
B) The order automatically becomes an at-the-open order in the following trading session.
C) The order is canceled.
D) The order is handled as a market order.
Answer: C) The order is canceled.