CFA Level 2
Equity Investments
Identifying Order Types
Very Easy Equity Market Structure Order Types And Instructions
In an effort to execute a market order, an investor places an instruction to buy 100 shares of Company XYZ at the current market price. The market price of XYZ stock is $50 per share. This order is processed immediately at the best available price. What type of order does the investor use in this scenario?
Hint
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