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The state of the book is: Trader Time Price Quantity Display Elin 9 : 4 5 1 0 . 2 0 8 0 0 Y

The state of the book is:
Trader Time Price Quantity Display
Elin 9:4510.20800 Y
Sophia 9:4010.09500 Y
Will 9:3810.09100 Y
Adam 9:4310.05300 N
Sell Lucas 9:4210.05200 Y
Buy Ellen 9:4210.03400 N
Ada 9:4110.02300 Y
David 9:439.99200 Y
Renee 9:449.99300 N
Max 9:469.801000 Y
Suppose at 9:46, Julien submits an order, " Sell 800, limit 10.01." Then
A.
Julien sells 400 to Ellen at 10.03; Julien sells 300 to Ada at 10.02; Now, the best bid and offer in the market are: 9.99 bid for 200(David),100 offered at 10.01(Julien).
B.
Julien sells 400 to Ellen at 10.03; Julien sells 300 to Ada at 10.02; Now, the best bid and offer in the market are: 9.99 bid for 200(David),200 offered at 10.05(Lucas).
C.
Julien sells 300 to Ada at 10.02; Now, the best bid and offer in the market are: 9.99 bid for 200(David),200 offered at 10.05(Lucas).
D.
Julien sells 400 to Ellen at 10.01; Julien sells 300 to Ada at 10.01; Now, the best bid and offer in the market are: 9.99 bid for 200(David),100 offered at 10.01(Julien).
2)Suppose at 9:46, Lily submits an order, " Sell 800, limit 10.01, Fill or Kill" Then
A.
Lily sells 400 to Ellen at 10.03; Lily sells 300 to Ada at 10.02; Now, the best bid and offer in the market are: 9.99 bid for 200(David),100 offered at 10.01(Lily).
B.
Lily's order is cancelled. The best bid and offer in the market are: 10.02 bid for 300(Ada),200 offered at 10.05(Lucas).
C.
Lily sells 300 to Ada at 10.02; Now, the best bid and offer in the market are: 9.99 bid for 200(David),200 offered at 10.05(Lucas).
D.
Lily sells 400 to Ellen at 10.01; Lily sells 300 to Ada at 10.01; Now, the best bid and offer in the market are: 9.99 bid for 200(David),100 offered at 10.01(Lily).

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