Question: Can you please solve this exercise quickly Thank you 1) Assume the order book in Telefnica Shares is currently as follows: Bid (Purchase) Ask (Sale)

Can you please solve this exercise quickly Thank you
1) Assume the order book in Telefnica Shares is currently as follows: Bid (Purchase) Ask (Sale) Vol. Price 1.000 17.85 5.000 17.83 10.000 17.82 15.000 17.80 Price Vol. 17.88 2.000 17.89 3,000 17.91 9,000 17.95 6,000 What transactions take place and what is the final book after each of the following orders is introduced? (get the final book after each transaction going back to the first order book) a) buy 4,000 shares MO (market order) b) buy 4,000 shares LO, at price limit of 17.88 c) buy "fill-or-kill 10,000 shares at 17.89 d) sell 3,000 shares at 17.88 e) sell 3,000 shares at 17.84
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