题目
A natural gas producer wants to hedge the risk of a decline in the price of natural gas over the next three months. The trader representing the producer wants a short position in the 3-month natural gas futures contract to mitigate this risk and puts in an order to short the contract at a price of USD 5 per MMBTU or above. Which of the following describes this type of order?
选项
A.Market-not-held order
B.Stop-loss order
C.Discretionary order
D.Limit order
答案
D
解析
Limit order specifies a particular price, the order can be executed only at this price or at one more favorable to the investor.限价指令的特点就是投资者以市场上的一个限定的价格，以这个限定价格或者比这个限定价格更优的价格达成交易。