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Consider the following limit order at 10:00 am book for a company trading orders to buy: price quantity $ 5.6 300 $5.4 500 $5 850
Consider the following limit order at 10:00 am book for a company trading
orders to buy:
price | quantity |
$ 5.6 | 300 |
$5.4 | 500 |
$5 | 850 |
$4.9 | 700 |
orders to sell
price | quantity |
$6 | 600 |
$6.7 | 590 |
$6.9 | 700 |
$7.3 | 800 |
For each of the following situations, the average cost of each of the transaction:
1. At 10:03 am a limit order sell arrives for 1000 shares at $5.10
2. At 10:05 am a market order buy arrives for 1200 share
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