An Order That Specifies the Price at Which a Market

question 13

Multiple Choice

An order that specifies the price at which a market order is initiated is called a ____ order.

• A) Fill or kill
• B) Stop
• C) Limit
• D) Day
• E) None of the above.

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Definitions:

GEO

An acronym for Geosynchronous Earth Orbit, a type of orbit 35,786 kilometers above Earth's equator following the direction of Earth's rotation, used by satellites for communication and broadcasting.

LEO

Stands for Low Earth Orbit, referring to satellites that orbit the Earth at altitudes between about 160 and 2,000 kilometers.

MEO

Stands for Medium Earth Orbit, referring to a satellite system placed at an altitude between low earth and geostationary orbits, often used for communication and navigation.

Global Coverage

The extent to which a service, such as telecommunications, is available worldwide or across a wide area.