NO.PZ2015122802000034
问题如下:
Zhenhu Li has submitted an immediate-or-cancel buy order for 500 shares of a company at a limit price of CNY 74.25. There are two sell limit orders standing in that stock’s order book at that time. One is for 300 shares at a limit price of CNY 74.30 and the other is for 400 shares at a limit price of CNY 74.35. How many shares in Li’s order would get cancelled?
选项:
A. None (the order would remain open but unfilled).
B. 200 (300 shares would get filled).
C. 500 (there would be no fill).
解释:
C is correct.
The order for 500 shares would get cancelled; there would be no fill. Li is willing to buy at CNY 74.25 or less but the minimum offer price in the book is CNY 74.30; therefore, no part of the order would be filled. Because Li’s order is immediate-or cancel, it would be cancelled.
考点:Instructions Of Transaction Processes
市场上的两个卖价都比李同学报的买价要高,因此李同学一股也买不到,这个指令是不成交立马取消,所以500股全部撤销。
如果有合适卖价,但数量不够,那就是有多少数量成交多少,剩余的取消对吧?