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NYSE Arca conducts an Opening Auction every day at 4:00 am ET. NYSE Arca accepts orders for the Opening Auction beginning at. 3.30 a m.

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NYSE Arca conducts an Opening Auction every day at 4:00 am ET. NYSE Arca accepts orders for the Opening Auction beginning at. 3.30 a m. ET, and continues accepting orders until the Opening Auction is conducted. Orders that participate in the Opening Auction cannot be canceled between 3.59 a.m. ET and 4.00 a.m. ET. The Opening Auction will occur at the Indicative Match Price - the price at which the maximum volume of orders is executable at the time of the auction. If two or more prices can maximize executable volume, the Opening Auction occurs at the price cosest to the previous closing price in an effort to maintain continuity. Unexecuted orders become eligible for the Opening Session immediately upon conclusion of the Opening Auction. Consider the book at 4.00 a.m. ET for ACME stock. The Previous Closing Price was 518.50. Given this information, what should be the Indicative Match Price of the Opening Auction? How many shares of ACME will be. traded? 1,000 shares at $18.50. 1,000 shares at $19.00. 2,000 shares at 318.50. 2,000 shares at $19.00. None of the above

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