Stock XYZ is traded in an order-driven market. The state of the limit order book is...
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Stock XYZ is traded in an order-driven market. The state of the limit order book is as follows:0:00.0 Buy Volume Price 10.09 10.07 10.06 10.05 10.04 10.02 10.01 10.00 4,500 1,000 10,000 9,000 3,000 100/00 Sell Volume 4,000 Calculate the quoted bid-ask spread and the relative quoted bid-ask spread. Report both of your results to four decimal places. Stock XYZ is traded in an order-driven market. The state of the limit order book is as follows:0:00.0 Buy Volume Price 10.09 10.07 10.06 10.05 10.04 10.02 10.01 10.00 4,500 1,000 10,000 9,000 3,000 100/00 Sell Volume 4,000 Calculate the quoted bid-ask spread and the relative quoted bid-ask spread. Report both of your results to four decimal places.
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To calculate the quoted bidask spread we need to find the highest bid price an... View the full answer
Related Book For
Modern Database Management
ISBN: 978-0133544619
12th edition
Authors: Jeff Hoffer, Ramesh Venkataraman, Heikki Topi
Posted Date:
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