medium · Market Microstructure
In a call auction, the following buy limit orders are present: 500 at $10.10, 500 at $10.00. The sell limit orders are: 400 at $9.90, 300 at $10.00, 200 at $10.10. Market orders consist of 200 to buy and 100 to sell.
At what price is the volume maximized?
- $10.10
- $10.00
- $10.05
- $9.90
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