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Question:

A limit sell order placed above the best offer is most likely:

A Referred to as behind the market.
explanation

A limit sell order placed above the best offer is referred to as behind the market and will not be executed unless the market price increases. $b.A limit order placed below the best bid would be a marketable sell limit order. $b.A limit sell order placed above the best bid but below the best offer would have created a new market.

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