Suppose that stock FFM is traded in the NYSE and all trading in that stock is...
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Suppose that stock FFM is traded in the NYSE and all trading in that stock is through a limit order book. Further, assume that at July 1, 2008, at 10:48 am the limit order book of FFM was empty. Following are the trade orders for FFM after 10:48 am: Time 10:49 10:53 10:57 11:01 11:04 11:07 11:12 11:16 11:19 Investor A B C D E F G H Buy Sell Buy Buy Sell Buy Sell Buy Sell Buy Sell Order Type Limit Order Limit Order Limit Order Limit Order Limit Order Limit Order Market Order Limit Order Market Order Quantity 1,000 500 3,000 2,000 1,000 5,000 500 500 1,000 Price $29 $30 $33 $29 $32 $28 $32 Create the limit order book for this stock immediately after all the above trades are submitted. That is, create the limit order book immediately after 11:19 am. Suppose that stock FFM is traded in the NYSE and all trading in that stock is through a limit order book. Further, assume that at July 1, 2008, at 10:48 am the limit order book of FFM was empty. Following are the trade orders for FFM after 10:48 am: Time 10:49 10:53 10:57 11:01 11:04 11:07 11:12 11:16 11:19 Investor A B C D E F G H Buy Sell Buy Buy Sell Buy Sell Buy Sell Buy Sell Order Type Limit Order Limit Order Limit Order Limit Order Limit Order Limit Order Market Order Limit Order Market Order Quantity 1,000 500 3,000 2,000 1,000 5,000 500 500 1,000 Price $29 $30 $33 $29 $32 $28 $32 Create the limit order book for this stock immediately after all the above trades are submitted. That is, create the limit order book immediately after 11:19 am.
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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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