NO.PZ2018062002000034
问题如下:
Adonis has submitted an fill-or-kill buy order with a limit price of $21.30, to buy 600 shares of a company. At that moment, two sell limit orders were recorded in the stock's order book. One is for 300 shares at a limit price of $21.35 and the other is for 400 shares at a limit price of $21.40. How many shares in Adonis’s order would get cancelled?
选项:
A.None (the order would remain open but unfilled).
B.300 (300 shares would get filled).
C.600 (there would be no fill).
解释:
The order for 600 shares would get cancelled; there would be no fill. Adonis is willing to buy all 500 shares at CNY 21.30 but the minimum offer price is CNY 21.35; therefore, no part of the order would be filled. Because Adonis’s order is fill-or-kill, it would be cancelled.
考点:Instructions Of Transaction Processes
市场上的两个卖价都比A同学报的买价要高,因此A同学一股也买不到,这个指令是不成交立马取消,所以600股全部撤销。
如题