You are among the OTC marketmakers in the stock exchange,Inc. and quote a bid of 102 1/4 and an ask of 102 1/2 .Suppose you have zero inventory.

a)on day one you receive market buy orders for 10000 shares. How much do you earn on the 4000 shares that you bought and sold?

Answer rating: 100% (QA)

If the market buy orders are for 10000 shares and you h... View the full answer