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Anyone can help to answer Q6-Q9? Question 6 (4 marks) TIME 9:30:00 9:30:09 9:31:15 9:35:12 ORDERS Buy 1000 at 5.50 Sell 2000 at 5.80 Buy
Anyone can help to answer Q6-Q9?
Question 6 (4 marks) TIME 9:30:00 9:30:09 9:31:15 9:35:12 ORDERS Buy 1000 at 5.50 Sell 2000 at 5.80 Buy 300 at 5.70 Sell 5000 at 5.85 Rank these orders following price-time priority (buys and sells separately), show the limit order book after matches occur. Show your answer in the form of a limit order book like the one below: Qty BID ASK Qty Question 7 (4 marks) You purchased a stock at $38.0 per share. The stock is now selling at $48.0. Give an example of an order you may place to lock in 15% of gains. (Give the type of order: market/limit/stop loss; buy/sell; and price) Question 8 (4 marks) You sold short a stock at $82.0 per share. The maximum amount of loss you are willing to bear is 20%. Give an example of an order you may place to minimize or contain your loss. (Give the type of order: market/limit/stop loss; buy/sell; and price) Question 9 (13 marks) When the last sale price of HSHK is $25, I enter a stop loss order to sell at $22 trailing by $3. In which of the following situations does my order get triggered? State what the corresponding stop prices are and finally whether it is triggered or not and the triggered price. a. (3 marks) $25 is followed by trades at $23, $28 and $29. b. (3 marks) $25 is followed by trades at $30, $31 and $28. c. (3 marks) $25 is followed by trades at $24, $27, $25 and $24. d. (4 marks) $25 is followed by trades at $26, $24, $30, $28, $29 and $28Step by Step Solution
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