s Question Completion Status: NYSE Arca conducts an Opening Auction every day at 4:00am ET. NYSE Arca accepts orders for the beginning at 3:30 a.m. ET, and continues accepting orders until the Opening Auction is cond 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 closest 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 $18.50. occurs at the price Entry Time Buy Limit Orders 1,000 1,000 Sell Limit Orders Order Price 19.00 $18.00 $20.00 $19.00 3:31 1,000 3:56 1,000 Given this information, what should be the Indicative Match Price of the Opening Auction? How many shares of ACME will be traded? O a 1,000 shares at $18.50. O b.1,000 shares at c. 2,000 shares at $18.50. O d. 2,000 shares at $19.00. O None of the above 19.00. to save and Save A s Question Completion Status: NYSE Arca conducts an Opening Auction every day at 4:00am ET. NYSE Arca accepts orders for the beginning at 3:30 a.m. ET, and continues accepting orders until the Opening Auction is cond 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 closest 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 $18.50. occurs at the price Entry Time Buy Limit Orders 1,000 1,000 Sell Limit Orders Order Price 19.00 $18.00 $20.00 $19.00 3:31 1,000 3:56 1,000 Given this information, what should be the Indicative Match Price of the Opening Auction? How many shares of ACME will be traded? O a 1,000 shares at $18.50. O b.1,000 shares at c. 2,000 shares at $18.50. O d. 2,000 shares at $19.00. O None of the above 19.00. to save and Save A