hard · Market Microstructure lob
A call auction for stock XYZ receives the following limit orders: Buy 1,000 at $10.10, Buy 2,000 at $10.05, Sell 1,500 at $10.00, and Sell 1,000 at $10.05.
What is the clearing price that maximizes traded volume?
- $10.05
- $10.07
- $10.00
- $10.10
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