What is Limit Order? | SIE, SERIES7 Exam Prep
Dec 30, 2025
A limit order is an instruction to buy or sell a security at a specified price or better, guaranteeing the price but not guaranteeing execution.
π Learn more about Limit Order and other key terms for your SIE, SERIES7 exam at Open Exam Prep.
π― This term appears on: SIE, SERIES7
π Full glossary: https://www.open-exam-prep.com/glossary
π Limit Order definition: https://www.open-exam-prep.com/glossary/limit-order
π‘ Exam Tip: Limit = price guaranteed, execution not guaranteed. Buy limit below market; sell limit above market.
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