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Before the arrival of a large order, a firm has the following limit orders standing on its book: Sell Order Seller Buyer Terence Henry Shane
Before the arrival of a large order, a firm has the following limit orders standing on its book: Sell Order Seller Buyer Terence Henry Shane Buy Order 15000 8000 10000 Price $100.1 $100.2 $100.3 $100.4 $100.5 $100.6 4000 6000 12000 Helen Sabrina Michael Buyer Tina submits a market order to buy 15000 units of share. With whom does she trade? What is her average trade price? How does the limit order book look like afterward
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