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1.) a stock has a current NBBO of 170.25 - 170.27 degrees with bid depth of 200 shares and offer depth of 300 shares, what
1.) a stock has a current NBBO of 170.25 - 170.27 degrees with bid depth of 200 shares and offer depth of 300 shares, what will happen if an investor places a limit order to buy 100 shares of that stock with a limit price of $ 170.30? Check all that apply
A.) All 100 shares would immediately be bought at \$170.30 or a bit lower
B.)The order would not execute since the limit price is higher than the NBBO offer price
C.)All 100 shares would immediately be bought at 170.25 or a bit lower
D.)The order would when then offer price rises to the limit price of $ 170.30
2.)Check all that apply. A buy stop limit order...
A.) is entered with a stop price above the current market price.
B.) helps to lock in profits and/or limit losses from short sales
C.)will become a buy limit order when the market price reaches the stop price
D.)is entered with a limit price greater than or equal to the stop price.
3.) A buy limit stock order entered with instructions for "fill or kill"
A.) Will execute only all shares can be immediately bought at the stipulated limit price or better
B.)may be automatically executed several times during the day
C.) Will be canceled as soon as the market price for the stock reaches the limit price
D.) Will be automatically carried over to the next day the market price for the stock never drops to the limit price on the day the order was entered
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