medium · Market Microstructure lob
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
Sign up free to see the explanation and track your rank →
More Market Microstructure lob practice
- A stock is quoted at $50.00 bid x $50.10 ask. A buyer submit… — How does this action affec
- If the stock price drops instantly from $50.05 to $49.00 in a 'flash crash,' what happens
- Under the National Market System (Reg NMS), if Exchange A is quoting a stock at $10.00 x
- If a market sell order for 200 shares arrives at 10:00:05 AM, who receives the fill?
- A stock is trading with an NBBO of $40.00 × $40.10. A trade… — According to the Lee–Ready
- A stock is priced at $1.05. A market participant submits a q… — Why is this quote rejected
- What is the status of our limit order after the match, and what microstructure risk is the
- If a market buy for 400 shares arrives and the exchange uses 'pro-rata' matching, how many