You receive a not-held order from a customer who wants you to buy 1,000 shares of ABC when the price is right. Under NYSE rules, this order is a:
A) GTC order.
B) FOK order.
C) day order.
D) limit order.
Answer: C) day order.
Investments Chapter | Multiple Choice | Questions and Answers | Test Bank
A) GTC order.
B) FOK order.
C) day order.
D) limit order.
Answer: C) day order.