A Fill-Or-Kill Order Will Be

question 15

Multiple Choice

A fill-or-kill order will be

• A) executed immediately upon order arrival on the floor of the exchange.
• B) will be cancelled if not immediately executed at the stated price or better.
• C) will be cancelled at the end of the trading day if not executed by that time.
• D) in effect until cancelled by the customer who placed the order.

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Definitions:

Strong Linear Relationship

A statistical term indicating a direct proportional relationship between two variables, where changes in one variable directly correspond to changes in the other.

Negative Linear Relationship

A type of correlation where one variable increases as the other decreases in a consistent, straight-line manner.

Positive Linear Relationship

A relationship in which one variable increases as the other variable also increases, represented by a straight line with a positive slope.

Sodium

A chemical element, symbol Na, a highly reactive metal and an essential nutrient for human health.