8. The limit order book for a security is as follows: The specialist receives the following, in...
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8. The limit order book for a security is as follows:
The specialist receives the following, in order: Market order to sell 300 shares Limit order to buy 100 shares at 25.38 Limit order to buy 500 shares at 25.30 How, if at all, are these orders filled? What does the limit order book look like after these orders?
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Related Book For
Financial Markets and Institutions
ISBN: 978-0321280299
5th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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