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17. A market has quotes 21.34 -21.37. A trader sells 100 shares at 21.34. Five minutes later, the market quotes have changed to 21.36 21.38.
17. A market has quotes 21.34 -21.37. A trader sells 100 shares at 21.34. Five minutes later, the market quotes have changed to 21.36 21.38. What is the 5 minute price impact? A. 0.03 B. -0.03 most correct C. 0.06 D. -0.06 The limit order book of the market for a security looks as below. Use the following table to answer Questions 4, 5 and 6: 575 Broker Bid Volume Bid Price Ask Price Ask Volume Broker (shares) ($) ($) (shares) 111 1250 25.49 25.51 3500 224 222 3000 25.48 25.53 1500 333 15000 25.47 25.55 8000 587 444 25 25.46 25.57 12000 387 555 3580 25.45 25.58 12800 854 666 400 25.30 25.59 13005 575 777 5890 25.25 25.00 255 578 888 12000 25.00 26.10 1 998 4. What are the mid-point price, the quoted bid ask spread and the relative quoted bid ask spread? A. $25.50, $0.02, 0.07843% B. $25.50, $0.01, 0.07843% C. $25.49, $0.02, 0.07843% D. $25.50, 0.01, 0.07843%
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