Question
Considering a limit order to buy at the price of $30 with discretionary amount of $0.04, when does the order first execute (if at all)?
Considering a limit order to buy at the price of $30 with discretionary amount of $0.04, when does the order first execute (if at all)?
Time | Bid | Offer |
11:08 | 30.00 | 30.05 |
11:09 | 30.00 | 30.04 |
11:10 | 30.04 | 30.05 |
11:11 | 30.04 | 30.06 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Since the limit order to buy is set at 30 with a discretion...
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Step: 2
Step: 3
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
