medium · Market Microstructure
A Tier 1 security (S&P 500 constituent) is trading at $100.00.
According to the Limit Up-Limit Down (LULD) rules during the middle of the trading day, at what price point would a 15-second 'limit state' be entered if the price rises rapidly?
- $110.00
- $108.00
- $107.00
- $105.00
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