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why?please give explanation Question 4 The limit order book of XYZ looks like this: Buy Amounts Price Sell Amounts 9,000 99.97 5,000 100.00 2,000 100.02
why?please give explanation Question 4 The limit order book of XYZ looks like this: Buy Amounts Price Sell Amounts 9,000 99.97 5,000 100.00 2,000 100.02 1,000 100.04 100.05 500 100.07 2,000 100.12 2,000 100.14 8,000 A Fill and Kill order to sell 4,000 shares at a limit price of $100.01 enters the market? What are the best bid and ask quotes after this order submission? (a) $100.04 and $100.05 (b) $100.00 and $100.01 (c) $100.00 and $100.05 (d) $100.02 and $100.05 (e) $100.00 and $100.07
Buy Amounts 9,000 5,000 2,000 1,000 Price 99.97 100.00 100.02 100.04 100.05 100.07 100.12 100.14 Sell Amounts 500 2,000 2,000 8,000Step by Step Solution
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