Assume a crossing network receives a sell order for 400 shares and 2 buy orders for 500

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Assume a crossing network receives a sell order for 400 shares and 2 buy orders for 500 and 1,500 shares respectively. Use pro-rata allocation to execute these orders.

A.450 shares of the first buy order remain unexecuted.

B. Only 300 shares of the second buy order are executed.

C. Both buy orders are fully executed.

D. Only part of the sell order is filled.

Related Book For answer-question

Global Investments

ISBN: 978-0321527707

6th edition

Authors: Bruno Solnik, Dennis McLeavey

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Posted Date: Nov 12, 2023 11:16 PM

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Assume a crossing network receives a sell order for 400 shares and 2 buy orders for 500

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Global Investments

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