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I just need help with part C. Thank you! I'm assuming the order will excute immediately Suppose that the current limit order book of Tesla
I just need help with part C. Thank you!
Suppose that the current limit order book of Tesla shares are as follows: d) A new market order arrives to buy 500 shares of Tesla. What will be the average price that this market. order is executed? How will the limit order book change? Average price =500256200+255.9300=500127,970=$259.94 b) Afterwards, a new limit order arrives to buy 300 shares at $254.30. Will this order be executed immediately? How will the limit order book change? Since the Bio is $254.3 and Ask is $255.9 are not close, the order will not be executed immediately. c) Finally, a new limit order arrives to sell 200 shares at $254.25. Will this order be executed immediately I'm assuming the order will excute immediately
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