a), At 11:00am John submits an order: Buy 400 shares, limit 55.09. Whats the best bid and offer (BBO) after Johns order is submitted? The market is ______ bid for ______ shares, ______ shares offered at ______.

b). At 11:00am John submits an order: Buy 400 shares, limit 55.08. Whats the best bid and offer (BBO) after Johns order is submitted? The market is ______ bid for ______ shares, ______ shares offered at ______.

c). At 11:00am Peter submits an order: Sell 400 shares, limit 55.08. Whats the best bid and offer (BBO) after Peters order is submitted? The market is ______ bid for ______ shares, ______ shares offered at ______.

d). At 11:00am Peter submits an order: Sell 400 shares, limit 55.05. Whats the best bid and offer (BBO) after Peters order is submitted? The market is ______ bid for ______ shares, ______ shares offered at ______.

e). At 11:00am Peter submits an order: Sell 500 shares, limit 55.05, FOK. Whats the best bid and offer (BBO) after Peters order is submitted? The market is ______ bid for ______ shares, ______ shares offered at ______.

f). At 11:00am Peter submits an order: Sell 500 shares, limit 55.05, IOC. Whats the best bid and offer (BBO) after Peters order is submitted? The market is ______ bid for ______ shares, ______ shares offered at ______.

The state of the book at 10:59am is: Sequence 5 2 Trader Albert Bruce Carl David Eduard Price 55.40 55.20 55.10 55.09 55.08 Quantity 1,000 400 200 300 200 1 3 Sell 4 Buy 2 1 Felix Gaby Herbert Julie Konrad 3 55.05 55.03 55.02 55.00 54.80 300 400 100 300 2,000 4 5