You click around and realize that your favorite web-site actually provides a snapshot of the limit...
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You click around and realize that your favorite web-site actually provides a snapshot of the limit order book for GOOG on EDGA (one venue). This is what it looks like a little later that same day: Bats Book Viewer The Bats Book Viewer shows the top buy (bids) and sell (asks) orders for any stock trading on the Bats Exchanges. The Book Viewer shows real-time current bids/asks for a company's stock, the last 10 trades, number of orders accepted, and total volume traded on the relevant Bats exchange. The Book Viewer shows data for each of the Bats Exchanges - BZX, BYX, EDGX, and EDGA - and you can toggle between them in the upper left-hand corner of the tool. Book Viewer BZX BYX EDGX EDGA Shows the top bids and asks for any symbol GOOG ALPHABET INC CAP STK CLC TOP OF BOOK Shares 100 8888 8 100 200 100 100 10 Price 813.70 806,40 800.35 769.05 762.30 756.00 Time Orders Accepted 14:25-12 14:25:12 14:25:12 14:25:12 14:25:12 14:25:00 14:25:08 14:21:52 14:21:33 14:21:33 Market Quality Statistics 93,341 LAST 10 TRADES Price 768.81 788.81 768.81 788.94 788.84 768.80 788.87 768.85 788.97 780.27 Total Volume 28,994 Shares 13 75 12 100 100 1 2 100 60 26 Last updated 14:26:22 What is the quoted spread based on the EDGA limit order book above in dollars (omit $ sign!) per share? Hint: The first two columns report the quotes, with three sell orders and three buy orders. You click around and realize that your favorite web-site actually provides a snapshot of the limit order book for GOOG on EDGA (one venue). This is what it looks like a little later that same day: Bats Book Viewer The Bats Book Viewer shows the top buy (bids) and sell (asks) orders for any stock trading on the Bats Exchanges. The Book Viewer shows real-time current bids/asks for a company's stock, the last 10 trades, number of orders accepted, and total volume traded on the relevant Bats exchange. The Book Viewer shows data for each of the Bats Exchanges - BZX, BYX, EDGX, and EDGA - and you can toggle between them in the upper left-hand corner of the tool. Book Viewer BZX BYX EDGX EDGA Shows the top bids and asks for any symbol GOOG ALPHABET INC CAP STK CLC TOP OF BOOK Shares 100 8888 8 100 200 100 100 10 Price 813.70 806,40 800.35 769.05 762.30 756.00 Time Orders Accepted 14:25-12 14:25:12 14:25:12 14:25:12 14:25:12 14:25:00 14:25:08 14:21:52 14:21:33 14:21:33 Market Quality Statistics 93,341 LAST 10 TRADES Price 768.81 788.81 768.81 788.94 788.84 768.80 788.87 768.85 788.97 780.27 Total Volume 28,994 Shares 13 75 12 100 100 1 2 100 60 26 Last updated 14:26:22 What is the quoted spread based on the EDGA limit order book above in dollars (omit $ sign!) per share? Hint: The first two columns report the quotes, with three sell orders and three buy orders.
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Related Book For
Entrepreneurial Finance
ISBN: 978-0538478151
4th edition
Authors: J . chris leach, Ronald w. melicher
Posted Date:
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