The bid sides of the book at three market centers are: price Exchange AC Shares Shares Displayeda hidden 1000 7000 200 1000 4000 Exchange B Shares Shares Displayed hidden 1000 20000 2000 2000 Exchange Co Shares Shares Displayed hidden 10.490 10.480 10.470 10.460 10.450 5000 4000 8 7000 2000 2000 10000 20000 8000 a. For each exchange, what are the protected bids (prices and quantities) ( 20 pts) 1 1 . 1 1 1 b. A trader simultaneously sends the following sell orders, all with limit prices of 10.46, all marked ISO: sell 800 to A, sell 2000 to B, sell 500 to C. What executions occur? (40 pts) 1 1 1 1 c. After the order in part (b) is executed, exchange C receives a sell order for 200 shares stop $10.49, limit 10.47 not sweep). What executions occur if any? Specify the exchange, the price and the shares. (40 pts) 1 The bid sides of the book at three market centers are: price Exchange AC Shares Shares Displayeda hidden 1000 7000 200 1000 4000 Exchange B Shares Shares Displayed hidden 1000 20000 2000 2000 Exchange Co Shares Shares Displayed hidden 10.490 10.480 10.470 10.460 10.450 5000 4000 8 7000 2000 2000 10000 20000 8000 a. For each exchange, what are the protected bids (prices and quantities) ( 20 pts) 1 1 . 1 1 1 b. A trader simultaneously sends the following sell orders, all with limit prices of 10.46, all marked ISO: sell 800 to A, sell 2000 to B, sell 500 to C. What executions occur? (40 pts) 1 1 1 1 c. After the order in part (b) is executed, exchange C receives a sell order for 200 shares stop $10.49, limit 10.47 not sweep). What executions occur if any? Specify the exchange, the price and the shares. (40 pts) 1