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    Limit order

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    Suppose Smith places a limit order to buy 500 shares. Is it possible for him to acquire the shares at more than one price?

    © BrainMass Inc. brainmass.com March 4, 2021, 8:09 pm ad1c9bdddf
    https://brainmass.com/business/accounting-for-corporations/limit-order-for-acquired-shares-148197

    Solution Preview

    Limit order is the buy/sell order where investor specifies price range. For ...

    Solution Summary

    The answer explains the meaning of limit order with respect to transaction of financial securities.

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