ACI
3I0-012 · Question #718
When a stop-loss/profit order is taken, the rate specified in the order:
The correct answer is C. Cannot be taken as a fixed-price guarantee. See the full explanation below for the reasoning.
Question
When a stop-loss/profit order is taken, the rate specified in the order:
Options
- AMust be transacted regardless of where the market moved.
- BMust be transacted if a broker confirms that the rate specified was reached.
- CCannot be taken as a fixed-price guarantee.
- DNone of the above.
How the community answered
(32 responses)- A3% (1)
- B6% (2)
- C78% (25)
- D13% (4)
Community Discussion
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