Explain what is meant by a limit order


Explain what is meant by a limit order. How does a stop order differ from a limit order, and how is it similar? Describe circumstancesunder which the use of these orders would be appropriate.

The writing assignment will demonstrate writing across the curriculum responding to the topic selected. Please name your assignment file as 'lastnamefirstinitial-FINC615-1, and submit by midnight, Day 7.

Your paper will be automatically submitted to Turnitin in the assignment dropbox. Originality reports will be returned to the faculty and student. Multiple submissions are allowed. For full credit, make sure that your Similarity Index does not exceed 20%.

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Finance Basics: Explain what is meant by a limit order
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