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Problem 3.3 Execution outcomes The state of the book is: Trader Irina Gina Esteban Dmitri Sell Alice Sequence Price Quantity Display 5 16.00 1,000 Y
Problem 3.3 Execution outcomes The state of the book is: Trader Irina Gina Esteban Dmitri Sell Alice Sequence Price Quantity Display 5 16.00 1,000 Y 2 15.07 500 1 15.07 100 Y 4 15.05 300 N 3 15.05 200 Y Buy Bruce 2 15.03 400 N Hans 1 15.01 300 Y Cho 3 15.00 200 Y Frank 4 15.00 300 N Jing 5 14.50 2,000 Y For each of the following incoming orders, describe the outcome (executions if any, and any changes in the prices, quantities and trader names at the BBO). The incoming orders represent different scenarios (not sequential arrivals). a. Kathy: "Buy 300, limit 15.05." b. Lane: "Buy 600, limit 15.10." C. Maureen: Buy 600, limit 15.05." d. Ollie: "Sell 500, limit 15.00." Petra: "Sell 500, limit 15.02." f. Rama: "Sell 500, limit 15.04, IOC." g. Sydney: "Sell 500, limit 15.04, FOK." e
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