(i) Work out limit order book after each order coming in; And explain each order as to whether the order is taking the market or making the market and calculate the cost/price of filled order. (ii) Compare the pre and post limited order book and provide your comments. You are an informed trader from the UBS trading and sales department. You havebeen trading "Piper" shares in an order-driven Multilateral Trading Facility inEurope. A snapshot of the limited order book of "Piper" is shown below:Sequence12bid20019919819719619534If following orders (limited/market orders) are entered:ordertypemarketbuylimitsize557655limitlimitask202203204205206207200sell buy sizesize547356200200510107Instructionassociated withthe orderAll or nothing(AON)

First, the market buy order for 5 shares is entered. This order takes the market at the best…

(i) Work out limit order book after each order coming in; And explain each order as to whether the order is taking the market or making the market and calculate the cost/price of filled order. (ii) Compare the pre and post limited order book and provide your comments.

(i) Work out limit order book after each order coming in; And explain each order as to whether the order is taking the market or making the market and calculate the cost/price of filled order. (ii) Compare the pre and post limited order book and provide your comments.

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

See similar textbooks

Related questions

Q: The Purchase Order and Shipment Receipt tables from an AIS are partially represented below. Refer to…

A: 5. B.As you can see in the table, Purchase Orders with PO# and Shipping Receipts with reference to…

Q: how the journal entry he will need to make in order to write down the ending inventory from cost to…

A: Journal entry: The first step in accounting is a journal entry, which is used to record a business…

Q: not use ai please don't

A: QuickBooks works in windows and features whereby some features are used for particular transactions…

Q: Dropshipping is an order fulfillment method that lets store owners sell dire therefore, what terms…

A: The freight in cost is added to the cost of the products and considered as cost of goods sold of the…

Q: What is the billing and collection process flow? Group of answer choices 1. If the customer is a new…

A: Billing process flow involves many steps like setting up the product code then setting up customer…

Q: 2) Use the information above to complete the Aging of Accounts Receivable Schedule below. Create a…

A: Customer Amount Invoice Date Today's Date No days unpaid Fitness Mania 2500 6/17/2016…

Q: Please solve the following question. Using the accounts below, prepare a basic Income Statement. All…

A: Income statement, balance sheet, stockholders' equity and cash flow statement.. These are called as…

Q: From the "Period and Volume Discounts" window, how do we proceed to the "Volume Discounts and Price…

A: Companies use the software which are the accounting software’s which are used by the company in…

Q: Accounting Information System Prepare a payment flowchart for a bookstore business, who's…

A: ANSWER:- An Accounting Information System (AIS) is a system of collecting, storing, and processing…

Q: To correct a sales invoice that was accidentally posted containing the wrong inventory - Select one:…

A: A sales invoice is a commercial document issued by a seller to a buyer as an official record of a…

Q: In cell F5, insert a lookup function that uses the credit rating to determine the minimum down…

A: To write the formula we need the following information Lookup_Value = C7 Table_array = $A$15:$C$18…

Q: The customer paid upfront with cash on sales service. Which journal entries are correct? Group of…

A: Everyday businessman performs large number of transactions. These transactions cannot be remembered…

Q: A home improvement store, like Lowe’s, carries the following items:Required:1. Compute the total…

A: Inventory valuation refers to monetary amounts that related with the merchandise in the stock toward…

Q: i (Click the icon to view the transactions.) Requirements 1. 2. Journalize the purchase…

A: The journal entries under the perpetual inventory system record the purchase of inventory by debit…

Q: Put the following into the correct order for processing a sale on account with QuickBooks®. A.…

A: When sales are made on account, firstly, the sales order is recorded, then the payments are…

Q: Construct a Sales Ledger Control Account, using your own numerical example, with five items of your…

A: A sales ledger control account often referred also as ‘trade debtors control account,' seems to be a…

Q: Question: Using Periodic system and FIFO method, and Perpetual system and FIFO Method what is the…

A: Perpetual inventory valuation indicates the valuation of inventory balance after each transaction…

Q: For each of the following processes, state whether OLTP or OLAP is appropriate and why.a. An order…

A: Meaning OLTP & OLAP OLAP means Online Analytical Processsing and OLTP means Online Transaction…

Q: When preparing the invoices, the prices come from the A. packing slips B. shipping notices C.…

A: Answer: Invoice is one of the most important document to identify the actual sales or purchases…

Q: 6. When would you use the Cheque window in QuickBooks for inventory? (1 Point) When you have…

A: The objective of the question is to understand the specific scenarios in which the Cheque window in…

Q: Ali is planning to implement an inventory control system where the store's ledger should show the…

A: The Inventory system that should be used for regular updation of store ledger account showing…

Q: Inputs to the entire order-to-cash process (revenue cycle) normally could include all of the…

A: Revenue cycle is the process by which the company records the selling of goods and service to the…

Q: This week we study Purchasing related to Inventory. There are two types of Inventory Systems,…

A: Inventory management is a crucial component of any business that sells goods. It is important to…

Q: What is another name for the bill that the seller sends to the buyer when the buyer purchases…

A: Solution: Purchase order is prepared and sent by buyer to seller while placing an order. Receiving…

Q: excess paper is not allowed) Instruction: For each element of SCI, tell whether it belongs to…

A: Since we answer up to subparts, we will answer the first three. Please resubmit the question. The…

Q: The totals of the Net money Day Boðk is to be De lumn from tne Sales Retur. red to the Sales account…

A: T account: T account is a T-shaped appearance of the journal entries related to a specific account…

Q: Frame First Frame Shop wants to know the effect of different inventory costing methods on its…

A: LIFO Method :— It is one of the method of inventory valuation in which latest purchase inventory is…

Q: Every entry should have narration please Prepare journal entries to record the following…

A: Journal entries are a primary record of all business transactions.Journal entries contain one or…

Q: instruction: Encircie the letter of your choice. 1. A journal designed for entering only sales on…

A: Invoice - It is the written documentary evidence issued by the seller to the buyer. Sales Journal -…

Q: When inventory is sold, the cost of the inventory is removed from the Inventory account and reported…

A: COST OF GOODS SOLDCost of Goods Sold States the Amount of Cost Included in the Total Number of Units…

Q: Which statement about the Expenditure Cycle is correct? The blind copy of the purchase order goes…

A: Step 1 The expenditure cycle is the flow of activities related to the acquisition of and payment for…

Q: procedure will complete the purchase procedure in a company?

A: Option a is wrong because approving suppliers invoice is usually done at the beginning stage of…

Q: The image below shows the Sales History worksheet. The following HLOOKUP function was entered into…

A: The HLOOKUP function in Excel is a lookup function that searches for a specific value in the top row…

Q: For each of the following processes, state whether OLTP or OLAP is appropriate, and why. a. An…

Q: it is calculated in which of the following a

A: Net Profit is the gross profit less operating expenses which includes selling expenses and…

Q: ease give me

A: We know the formula for Cost of good sold= Opening Inventory + Purchases - CLosing Inventory. We…

Q: A vendor can have default accounts for Expense and HST set up in the vendor Options window. a) True…

A: A company must have all valid accounts related to the transactions so that all entries can be made…

Q: The normal balance of the following accounts is a debit Multiple Choice Sales returns and…

A: Understanding the normal balance of accounts is crucial in accounting as it helps in proper…

Q: Which of the following should be done first when a customer order is received? Pull the items from…

A: There are various steps in the management of customer order fulfilment. Customer satisfaction should…

Question

(i) Work out limit order book after each order coming in; And explain each order as to whether the order is taking the market or making the market and calculate the cost/price of filled order.

(ii) Compare the pre and post limited order book and provide your comments.

You are an informed trader from the UBS trading and sales department. You have
been trading "Piper" shares in an order-driven Multilateral Trading Facility in
Europe. A snapshot of the limited order book of "Piper" is shown below:
Sequence
1
2
bid
200
199
198
197
196
195
3
4
If following orders (limited/market orders) are entered:
order
type
market
buy
limit
size
5
5
7
6
5
5
limit
limit
ask
202
203
204
205
206
207
200
sell buy size
size
5
4
7
3
5
6
200
200
5
10
10
7
Instruction
associated with
the order
All or nothing
(AON)

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

(i) Work out limit order book after each order coming in:

VIEW

(ii) Comparing the pre and post limited order book as follows:

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

Please explain proper steps by Step and Do Not Give Solution In Image Format ?And Fast Answering Please ?
Inventory and supply chain management concepts (7) What inventory model should we use to choose the order quantities for Le Club, the wine catalog retailer we analyzed in class? Multiple Choice Order-up-to model. Inventory turns model. EOQ model. Newsvendor model.
You have established your performance materiality for accounts payable and revenue; now you must determine the posting materiality for individual items. The materiality judgement is at 4%. What is the posting materiality? Show your work. Your work should look like: APPROPRIATE AMOUNT x MATERIALITY JUDGEMENT = POSTING MATERIALITY
Early payment discounts offered by vendors are __________________ if payment is made within the discount period. Select one: A. automatically calculated by QBO B. displayed in the pay bills window C. displayed on the bill form D. None of the above are correct
Please see below. I need help making a made up purchase schedule of inventory. Please include parts listed below. Note that these can be made up one but they need to make sense.
A seller uses a perpetual inventory system, and on April 17, a customer returns $1,000 of merchandise previously purchased on credit on April 13. The seller's cost of the merchandise returned was $480. The merchandise is not defective and is restored to inventory. The seller has not yet received any cash from the customer.
Select the best answer for the question. Utilize Set 2 from the following PDF to answer this question: http://lessons.pennfoster edu/pdf/061006_Exam_Tables.pdf 4. Which one of the following statements is true for the ending inventory balance? *. O A. It will appear as a debit in the Adjusted, Trial Balance column. B. It will appear as a credit in the Balance Sheet column OC. It will appear as a credit in the Income Statement column. OD. It will appear as a debit in the Trial Balance column. O Mark for review (Will be highlighted on the review page) >
I am having troubke understanding how to find the ending inventory. Would you mind helping me with that?
If a retailer bought n numbers of goods at P price each, he sold each good at a rate r marked up on the selling price. Describe how to find the selling price and the gross margin for each good. How is the gross margin used in sales?
SpeeDIY Sdn. Bhd. is an online Do-It-Yourself (DIY) store located in Sintok that provides home delivery of DIY products purchased via the Internet. SpeeDIY uses a fully integrated accounting system and practices automated Economic Order Quantity (EOQ) model in managing its inventory. For each registered item in the inventory database, the system specifies quantity on hand and a desired quantity on hand. When the quantity on hand falls below the desired quantity on hand, a notification automatically pops up on the purchasing clerk's computer screen, alerting the clerk to reorder the item. The purchasing clerk can proceed with the reordering of items simply by checking the acceptance box. When the acceptance box is checked, the purchase order transaction file is created. In addition, the vendor is notified electronically through a transmission from the purchasing system. The purchasing clerk prepares a purchase summary report to his manager at the end of the day. SpeeDIY warehouse has…
How does a price list get assigned to a sales order?a. It is copied from the business partner master to the sales order.b. Each warehouse has an associated price list.c. You have to manually assign a price list in the sales order.d. The main price list from the item master record is used in the sales order.
A retailer using a perpetual inventory system will make a. the same number of adjusting entries as a service firm does. b. one more adjusting entry than a service firm does. c. one less adjusting entry than a service firm does. d. different types of adjusting entries compared to a service firm.

SEE MORE QUESTIONS

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS