medium · Market Microstructure
On Exchange A, the maker-taker schedule offers a rebate of 0.002 per share for adding liquidity and a fee of 0.003 for removing it.
If a trader sends a market buy order for 1,000 shares of a stock quoted at 10.00 -10.01, what is the total execution cost including exchange fees?
- $10,013.00
- $10,008.00
- $10,010.00
- $10,011.00
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