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Use the following limit order book to obtain the average execution price for an investor who wants to sell 690 shares (round to 4 decimals)
Use the following limit order book to obtain the average execution price for an investor who wants to sell 690 shares (round to 4 decimals)
| Bid | Size | Ask | Size |
| 350.50 | 2 | 350.57 | 1 |
| 350.45 | 1 | 350.60 | 2 |
| 350.40 | 1 | 350.66 | 1 |
| 350.38 | 1 | 350.69 | 1 |
| 350.34 | 2 | 350.72 | 2 |
| 350.3 | 10 | 350.75 | 6 |
| 350.28 | 1 | 350.79 | 2 |
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Financial Times Guide To The Financial Markets
Authors: Glen Arnold
1st Edition
0273730002, 978-0273730002
