3. The stock ticker symbol in all uppercase letter 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 to sell 2000 shares of Walmart stock (ticker symbol: WMT) at the current market price?
3. The stock ticker symbol in all uppercase letter 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 to sell 2000 shares of Walmart stock (ticker symbol: WMT) at the current market price?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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I don’t understand
Transcribed Image Text:I.docx
Open with
2. The number of sharoto bay and sell
3. The stock ticker symbol in all uppercase letter 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 to sell 2000 shares of Walmart
stock (ticker symbol: WMT) at the current market price?
7. Consider alanguage which uses the following characters
Transcribed Image Text:6. 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 and sell
3. The stock ticker symbol in all uppercase letter 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
blic Sch
blic Sch
for Gma
4 I 8
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Page
Note that the order.coce m
onv contain letters and
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