Let us assume that the following orders are present on the market (opening auction) for XXX...
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Let us assume that the following orders are present on the market (opening auction) for XXX stock: Bid quantity 0 3000 2000 3000 5000 Bid / Ask Price 15.8 16 16.1 15.9 15.7 Ask Quantity 2000 3000 6000 2000 0 Help the system to rearrange and combine the orders and find the opening price Let us assume that the following orders are present on the market (opening auction) for XXX stock: Bid quantity 0 3000 2000 3000 5000 Bid / Ask Price 15.8 16 16.1 15.9 15.7 Ask Quantity 2000 3000 6000 2000 0 Help the system to rearrange and combine the orders and find the opening price
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The first step is to rearrange the orders by price The bids will be listed in ascending order f... View the full answer
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