If a Limit Order Is Not Quite Close to the Current

question 149

Multiple Choice

If a limit order is not quite close to the current market price is turned over to the specialist, it is placed into:

• A)central limit order book
• B)market order book
• C)short sale book
• D)none of the above
• Not in the book

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Definitions:

Construct Systems

Theoretical frameworks used to understand and predict how individuals interpret experiences and phenomena.

Personal Construct Theory

A psychological theory developed by George Kelly, positing that individuals use personal constructs (bipolar dimensions of judgment) to understand and predict the world.

Construe Events

The process of interpreting and understanding events and situations in a particular way, based on personal beliefs, experiences, and perceptions.

Personal Choice

The ability of an individual to make decisions based on their preferences and values.