Question: Consider a limit order book with price-time execution priority. There are 250 shares posted at the best bid price, SEK 25.13, and 470 shares

Consider a limit order book with price-time execution priority. There are 250

Consider a limit order book with price-time execution priority. There are 250 shares posted at the best bid price, SEK 25.13, and 470 shares posted at the best ask price, SEK 25.15. You then post a limit order to buy 100 shares at SEK 25.13. Which of the following subsequent orders lead to that your order is executed in full? Consider the alternatives independent of each other. i. A limit order to sell 500 shares at SEK 25.14 ii. iii. A limit order to sell 100 shares at SEK 25.13 A limit order to sell 350 shares at SEK 25.11 None of the above iv.

Step by Step Solution

★★★★★

3.47 Rating (144 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Step 12 After the limit order to buy 100 shares at SEK 2513 is given The order book is updated and t... View full answer

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!

Sweats Galore, Inc.' The Business Situation After graduating with a degree in business from Eastern University in Campus Town, USA, Michael Woods realized that he wanted to remain in Campus Town....

Recording Entries for an Installment Note Payable On January 1, 2020, a borrower signed a long-term note, face amount, $240,000; time to maturity, three years; stated rate of interest, 8%. The market...

Here is the problem Digit Company began operations on January 1 2015 and used the LIFO inventory method for both financial reporting and income taxes However at the beginning of 2017 Digit decided to...

Here is the problem Marilyn Company has prepared the following alphabetical adjusted trial balance as of December 31 2016 Debits Credits Accounts Payable 7400 Accounts Receivable 6700 Accum Depr...

Hickory Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years. Currently the manufacturer has seven machines that operate on a two-shift...

(Multiple-Choice) 1. Which of the following is a characteristic of a corporation? a. No income tax b. Mutual agency c. Limited liability of stockholders d. Both a and b 2. Home Team, Inc., issues...

Assume it is now January 1, 2012, and you are examining two unlevered firms that operate in the same industry that have identical assets worth $80 million that yield a net profit of 12.5% per year,...

On January 1, 20069, you examine two unlevered firms that operate in the same industry, have identical assets worth $80 million that yield a net profit of 12.5 percent per year, and have 10 million...

Assume that you write a column for a very widely followed financial blog titled, Finance Questions: Ask the Expert. Your job is to field readers questions that deal with finance. This week you are...

Recomputed the answer to problem 3 based on a stock decline to $23.75. Reference Problem 3: Assume you have a 25 percent minimum margin standard in problems 1 and 2. With a price decline to $28, will...

Explain the difference between an absolute minimum and a local minimum.

Use software (such as Excel), a calculator, or a website to find the p-value for each of the following chi-square statistics calculated from a 232 table. You may round off your answer to three...

Write an agile project statement for healthcare shift to shift huddle or report?

A fuel gauge uses a capacitor to determine the height of the fuel in a tank. The effective dielectric constant Keff changes from a value of 1 when the tank is empty to a value of K, the dielectric...

A budding electronics hobbyist wants to make a simple 1.0-nF capacitor for tuning her crystal radio, using two sheets of aluminum foil as plates, with a few sheets of paper between them as a...

On October 5, Lane Company buys merchandise on account from OBrien Company. The selling price of the goods is $5,000, and the cost to OBrien Company is $3,000.On October 8, Lane returns defective...

Assume information similar to that in Do It! 5-1. That is: On October 5, Lane Company buys merchandise on account from OBrien Company. The selling price of the goods is $5,000, and the cost to OBrien...

The trial balance of G. Durler Company at the end of its fiscal year, August 31, 2010, includes these accounts: Merchandise Inventory $17,200; Purchases $149,000; Sales $190,000; Freight-in $4,000;...

the following table shows hypothetical data for two experimental treatments (treatment A and treatment B) against two stages of cancer (Eaarly and Advanced). "Remission" indicates successful...

consider the limit order book of a market that applies price-time priority. the order book described below holds at one point during the continous trading session. for each queation a,b,c answer the...

undefined Securities Trading (continued) Submission Time 10:00 10:01 10:00 Order C: Limit Sell B: Limit Sell A: Limit Sell Price $100.02 $100.00 $100.00 Shares 500 1,000 100 9:58 10:00 10:00 10:01...

1. The return on a risky portfolio is 20%. The risk-free rate, as well as the investor's borrowing rate, is 10, The standard deviation of return on the risky portfolio is 20, " the standard deviation...

Consider the limit order book for Stock A. Ask Volume Ask Price Bid Price Bid Volume 324 $ 11.53 515 $ 11.48 395 $ 11.43 693 $ 11.38 511 $ 11.33 360 $ 11.28 488 $ 11.23 600 $ 11.14 The bid-ask spread...

hello! Please help me pick the right answer for questions A to E, only one answer on each is correct. also, motivate your answer in short. thanks. a) Which of the following components can be expected...

please also do explain why. do not just pick the right one. i want to know why you picked it. thanks. e) Consider a limit order book with price-time execution priority. There are 250 shares posted at...