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The limit order book for a security is: Unfilled Limit Orders Buy Orders Sell Orders 36.12 100 36.36 300 36.20 500 36.38 200 36.23 200
The limit order book for a security is:
Unfilled Limit Orders
Buy
Orders
Sell
Orders
36.12
100
36.36
300
36.20
500
36.38
200
36.23
200
36.41
200
a)The specialist receives the following, in order; How, if at all, are these orders filled?
Market order to buy 400 shares
Limit order to buy 150 shares at 36.38
Limit order to buy 100 shares at 35.30
Market order to sell 150 shares
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