Free Series 7 License Practice Test Questions

Question # 20

A customer enters a sell stop order at $48 for stock trading at $52. What happens at $48?

Options:

It becomes a market order to sell.

It becomes a limit order to sell.

It executes only if price rises above $48.

It cancels automatically.

Viewing question 20 out of 68 questions

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Series 7 License Overview

Name	Series 7 License
Code	Series 7 License
Vendor	Finance, Insurance and Real Est
Certification	Financial Industry Regulatory Authority (FINRA)

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