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What is relative bid-ask spread of the following limit order book? 27 Buy Volume Sell Volume Price 10.09 10.06 10.05 1,000 10.04 10,000 10.02
What is relative bid-ask spread of the following limit order book? 27 Buy Volume Sell Volume Price 10.09 10.06 10.05 1,000 10.04 10,000 10.02 9,000 10.01 3,000 10.00 a. 0.002 (-0.2%) b. 0.004 (-0.4%) c. 0.02 (-2%) d. 0.001 (=0.1%) 4,000 500
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