medium · Market Microstructure lob
If a 'Maker-Taker' exchange offers a rebate of 0.002 to providers and charges a fee of0.003 to takers, and a stock is quoted at 20.00 bid /20.01 ask, what is the net cost for a buyer using a market order?
- $20.013
- $20.010
- $20.011
- $20.008
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