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In an opening cross, the system receives the following on - open orders: Trader Order Daniel Buy 2 0 0 shares, limit 3 0 .
In an opening cross, the system receives the following onopen orders:
Trader
Order
Daniel
Buy shares, limit
Amy
Buy shares, limit
Cathy
Buy shares, limit
Brian
Buy shares, limit
Emma
Sell shares, limit
Raymond
Sell shares, limit
Sophie
Sell shares, limit
Isabella
Sell shares, limit
At an indicative price of what is the matched volume?
A
B
C
D
At an indicative price of what is the imbalance direction and size
A
There is a net buy imbalance of
B
There is a net buy imbalance of
C
There is a net sell imbalance of
D
There is a net sell imbalance of
The clearing price is set to first maximize the matched volume and then minimize the net imbalance. What is the indicative clearing price?
A
$
B
$
C
$
D
$
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