A customer places an order to sell short 100 DEF 52.25 STOP. After placing the order, DEF trades as follows: 53, 52.60, 52.20, 52.10, 52.25. Which trade triggers the order?
A) 52.2.
B) 52.1.
C) 52.25.
D) 52.6.
Answer: A) 52.2.
Investments MCQ
Trading Securities
A customer places an order to sell short 100 DEF 52.25 STOP. After placing the order, DEF trades as follows: 53, 52.60, 52.20, 52.10, 52.25. Which trade triggers the order?