* 7) Orders for a stock trading system are coded as follows from left to right: 1. The first character is 'B' for a "buy" order, 'S' for a "sell" order 2. The number of shares to buy or sell 3. The stock ticker symbol in all uppercase letters for a "buy" order or all lowercase letters for a "sell" order 4. If the order is a "limit" order with a specific buy/sell price, the requested price in pennies, otherwise the price should be omitted and the order will be a market order at the current asking price for the stock 5. If the order is a "limit" order with an expiration time, the character T followed by the number of minutes until the order expires and should no longer be executed Note that the order code may only contain letters and numbers. It may not include comma, hyphen, etc What would the code be for a limit order to buy 10000 shares of Alcoa stock (ticker symbol: AA) at $9.00 a share but only if the order can be filled within the next 2 hours? Next

* 7) Orders for a stock trading system are coded as follows from left to right: 1. The first character is 'B' for a "buy" order, 'S' for a "sell" order 2. The number of shares to buy or sell 3. The stock ticker symbol in all uppercase letters for a "buy" order or all lowercase letters for a "sell" order 4. If the order is a "limit" order with a specific buy/sell price, the requested price in pennies, otherwise the price should be omitted and the order will be a market order at the current asking price for the stock 5. If the order is a "limit" order with an expiration time, the character T followed by the number of minutes until the order expires and should no longer be executed Note that the order code may only contain letters and numbers. It may not include comma, hyphen, etc What would the code be for a limit order to buy 10000 shares of Alcoa stock (ticker symbol: AA) at $9.00 a share but only if the order can be filled within the next 2 hours? Next

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter14: Investing In Stocks And Bonds

Section14.4: Buying And Selling Stocks

Problem 2CC

See similar textbooks

Similar questions

During the continuous trading session, orders were placed for CLC stock as follows:i. Calculate the matching prices and the matching volumeii. Which MP order is left over and converted to LO at what price?
The stream of customer instructions received by an stock exchange to buy and sell common stock is called the: a) order flow. b) market instructions. c) execution stream. d) operations flow.
You find the following order book on a particular stock. The last trade on the stock was at $66.76. Buy Orders Sell Orders Shares Price Shares Price 250 $66.75 250 $66.78 500 66.74 650 66.79 900 66.73 1,000 66.81 275 66.71 300 66.82 100 66.83 a. If you place a market buy order for 200 shares, at what price will it be filled? (Round your answer to 2 decimal places.) b. If you place a market sell order for 200 shares, at what price will it be filled? (Round your answer to 2 decimal places.) c. Suppose you place a market order to buy 500 shares. At what price will it be filled? Choose the appropriate answer. multiple choice 500 shares at $66.83 250 shares at $66.78 and 250 shares at $66.79 250 shares at $66.83 and 250 shares at $66.82 500 shares at $66.76
The “circuit breaker rule” governs that “a stock will be allowed to trade ±15% from the close price at the opening of the market”. Explain the circuit breaker rule as utilized by the Jamaica Stock Exchange (JSE).
Executing an order. Ask price was Php10.00 9:05am - the price of the stock was Php9:00 9:15am - the price of the stock was Php9.05 10:00am - the price of the stock was Php9.50 10:05am - the price of the stock was Php9.75 10:20am - the price of the stock was Php10.10 10:30am - the price of the stock was Php10.50 Question: Done or not done. If done, at what time? a. Not done b. Done at 10:20 am c. Done at 10:30am d. Done at 10:35am
Describe the following in placing purchase or sale orders in the stock market: Market Limit Stop Stop Limit Give an example of each.
The price of the share / stock that a company observe from a financial market such as Muscat Stock Exchange is known as ..................... Select one: A. Fundamental Price B. Extrinsic Price C. Intrinsic Price D. Market Price
You are given the following information concerning the trades made on a particular stock. Calculate the money flow for the stock based on these trades. (Leave no cells blank - be certain to enter "0" wherever required. A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest whole dollar.) Price Volume $ 59.97 59.99 3,400 59.97 2,900 59.96 3,300 58.97 3,450 60.20 4,200 60.11 4,500
Consider the following limit order book for FinTrade stock. The last trade in the stock occurred at a price of $50. Limit Buy Orders Limit Sell Orders Price Shares Price Shares $ 49.75 500 $ 49.80 100 49.70 900 49.85 100 49.65 700 49.90 300 49.60 400 49.95 100 48.65 600 Required:a. If a market buy order for 100 shares comes in, at what price will it be filled? (Round your answer to 2 decimal places.) b. At what price would the following market buy order be filled? (Round your answer to 2 decimal places.) c. If you were a security dealer, would you want to increase or decrease your inventory of this stock?
What are the expected returns of stock "A" and "B"? Enter your answers as a percentage. Do not put the percent sign in your answers. Round your answers to 2 DECIMAL PLACES.\\n \\nE(ra)= \\nCorrect response: 4.52\\\\pm 0.01\\nE(rb)= \\nCorrect response: 6.04\\\\pm 0.01\\n \\nClick "Verify" to proceed to the next part of the question.\\nThis questions has 4 parts (i.e., you will be clicking "Verify" 4 times)\\n \\n \\n \\n\\n \\n \\nWhat are the standard deviations of stocks "A" and "B"? Enter your answers as a percentage. Do not put the percent sign in your answers. Round your answers to 2 DECIMAL PLACES.\\n \\nSDa= \\nCorrect response: 8.49\\\\pm 0.01\\nSDb= \\nCorrect response: 13.06\\\\pm 0.01\\n \\nClick "Verify" to proceed to the next part of the question.\\n \\n \\n \\n \\n \\n \\nWhat is the expected return of the portfolio? Enter your answer as a percentage. Do not put the percent sign in your answer. Round your answer to 2 DECIMAL PLACES.\\n \\nE(rp)= \\n \\nClick…
Describe the nature and the general treatment of Trading Stock PLEASE PUT 3 REFERENCES
Consider the possible impact on each of the four stock market liquidity dimensions (width, depth, immediacy and resiliency) resulting from the placement of a new limit order. Assuming no other changes to the limit order book, which of the following statements is always true? a. Depth increases b. Width decreases c. Immediacy decreases d. Resiliency decreases e. (a) & (b)