Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Central limit order book of Air Liquide, a French firm that trades on the Paris Bourse, is currently as follows: SELL ORDERS BUY ORDERS

The Central limit order book of Air Liquide, a French firm that trades on the Paris Bourse, is currently as follows:

SELL ORDERS BUY ORDERS

QUANTITY. Limit Limit. QUANTITY

 500 151 145 500 2000 150 143 2000 1000 149 142 1000 500 147 141 2000 500 146 140 1000 

Vincent Jacquet wishes to sell 4,000 shares and enters a market order to sell those shares. At what price, will Jacquet sell the shares?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Financing Asset-Based Financial Engineering

Authors: John D Finnerty

3rd Edition

1118421841, 9781118421840

More Books

Students also viewed these Finance questions

Question

Th ey told me Id have to write a lett er. Whos got time for that?

Answered: 1 week ago