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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. šŸ“š Learn more about Limit Order and other key terms for your SIE, SERIES7 exam at Open Exam Prep. šŸŽÆ This term appears on: SIE, SERIES7 šŸ”— Full glossary: https://www.open-exam-prep.com/glossary šŸ”— Limit Order definition: https://www.open-exam-prep.com/glossary/limit-order šŸ’” Exam Tip: Limit = price guaranteed, execution not guaranteed. Buy limit below market; sell limit above market. --- #securities #examprep #financeexam #sie #series7
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