Which of the following types of orders does not involve specifying a price limit or trigger price as part of the order?
A) Stop order.
B) Market-if-touched order.
C) A fill-or-kill limit order.
D) A spread order.

Question

Quizplus · Accepted Answer

A spread order involves the purchase or sale of two or more related securities as a single transaction, and does not involve specifying a price limit or trigger price as part of the order. A stop order involves specifying a trigger price, a market-if-touched order involves specifying a trigger price and a limit or market order to execute when that trigger price is reached, and a fill-or-kill limit order involves specifying a price limit as well as a requirement that the order be filled immediately or cancelled.

Which of the Following Types of Orders Does Not Involve