Question: Consider thr following limit order book. table [ [ Limit Buy Orders,Limit Sell Orders ] , [ Price , Size,Price,Size ] , [ 8

Consider thr following limit order book.
\table[[Limit Buy Orders,Limit Sell Orders],[Price,Size,Price,Size],[84.77,200,84.79,100],[84.76,100,84.80,300],[84.75,400,85.70,700]]
If you submitted a market sell order for 400 shares, how much would you receive? If someone sent a market sell order immediately after you (before any new orders entered the order book) at what price would they sell?
Consider thr following limit order book. \ table

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!