easy · Market Microstructure mmf-core

A trader holds a position in ABC Corp at $75.00 and places a stop-market sell order at $72.00.

If the stock gaps down and opens at $69.50 on Tuesday morning, at what price will the trader's sell order most likely execute?

  1. $72.00
  2. $71.50
  3. $69.50
  4. The order will not execute.

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