A market sale order is automatically matched with the top limit order in the buyer column in ASX screen.A.TrueB.False

The statement is True.

In a market order scenario, when a buyer places a market sale order, it is intended to purchase shares at the best available price. In an electronic trading system like the ASX (Australian Securities Exchange), the market order is matched with the highest bid (limit order) currently available in the order book. This ensures that the buyer gets the most favorable terms, as the system inherently prioritizes matching the market orders with the limit orders that have been pre-established at various price levels. Therefore, the top limit order in the buyer column represents the best price available for the sale, which is why the statement is correct.