Question: please help with 5 and 6 (5-6) Following table is a snapshot of pending order status of Gamestop corporation today. Bid: 148.00 x 5 AS
(5-6) Following table is a snapshot of pending order status of Gamestop corporation today. Bid: 148.00 x 5 AS 1 1 GME GAMESTOP CORPORATION COM CLA EX Bid NYSE 148.00 BATS 148.00 EDGX 147.80 ARCA 1478 NASDAQ 147.71 OTCBB . 147.49 Y 147.00 OTC OTHER 145.10 PHLX 145.10 BSE 140.82 CINN 140.82 EDGA 740.82 27.67 22.99 BS EX 5 ARCA 2 NASDAQ 1 EDGX 1 BATS 1 Y 1 OTCBB 1 NYSE 1 PHLX 1 BSE 1 EDGA 1 CINN +27.67 22.999 - Ask 148.30 14.30 148.50 148.80 148.87 149.18 149.39 149.60 149.92 155.00 157.77 * Current market price per share is at $148.01. * Ex(exchange), BS(bid size), AS(Ask size) 5. If you are a broker at one of the exchanges, would you like to increase or decrease the stock of Gamestop corporation shares? (Provide your reason of the answer.) 6. If you are an individual investor who makes the trading decision according to your answer on 5, what type of order you will send to the ECN (limit or stop, buy or sell. Provide your reason of the answer)? (5-6) Following table is a snapshot of pending order status of Gamestop corporation today. Bid: 148.00 x 5 AS 1 1 GME GAMESTOP CORPORATION COM CLA EX Bid NYSE 148.00 BATS 148.00 EDGX 147.80 ARCA 1478 NASDAQ 147.71 OTCBB . 147.49 Y 147.00 OTC OTHER 145.10 PHLX 145.10 BSE 140.82 CINN 140.82 EDGA 740.82 27.67 22.99 BS EX 5 ARCA 2 NASDAQ 1 EDGX 1 BATS 1 Y 1 OTCBB 1 NYSE 1 PHLX 1 BSE 1 EDGA 1 CINN +27.67 22.999 - Ask 148.30 14.30 148.50 148.80 148.87 149.18 149.39 149.60 149.92 155.00 157.77 * Current market price per share is at $148.01. * Ex(exchange), BS(bid size), AS(Ask size) 5. If you are a broker at one of the exchanges, would you like to increase or decrease the stock of Gamestop corporation shares? (Provide your reason of the answer.) 6. If you are an individual investor who makes the trading decision according to your answer on 5, what type of order you will send to the ECN (limit or stop, buy or sell. Provide your reason of the answer)
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