You find the following order book on a particular stock. The last trade pn the stock was at $70.54
BUY ORDERS SELL ORDERS
Shares Price Shares Price
250 $70.53 100 $70.56
100 $70.52 400 $70.57
900 $70.51 1000 $70.59
75 $70.49 700 $70.60
If you place a market buy order for 100 shares at what price will it be filled?
If you place a market sell order for 100 shares at what price will it be filled?
Suppose you place a market order to buy 400 shares. At what price will it be filled?
This question was answered on: Sep 16, 2020
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