Question
9. Stock AAPL last trade price was $130, the bid/ask is $129.98/$130.01 and the order size is 1,000/5,000. The next limit orders are bid of
9. Stock AAPL last trade price was $130, the bid/ask is $129.98/$130.01 and the order size is 1,000/5,000. The next limit orders are bid of 129.95 for 5,000 shares and ask 130.05 for 5,000 shares. You send a buy order for 6,000 shares to the market. You get filled. The brokerage account you used charged $0.01/share commission. What is the total cost?
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Restructuring And Innovation In Banking
Authors: Claudio Scardovi
1st Edition
331940203X, 978-3319402031
