A rogue trader is typically:

In a continuous order-driven market

By submitting and displaying a limit sell order, a trader is

Price discovery as discussed in class is

Finally, again referring back to the exhibit in Question 1, what was the effective spread for your 500 share market sell order in Question 3?

A broker who front-runs a large sell order from one of his customers

If there are two resting limit buy orders in a limit order book and a market sell order arrives

Based on your sale of 500 GOOG shares for $1,498.23 in Question 3, what is the realized dollar spread per share?

Suppose you were thinking of trading Google (GOOG).  You look up the market conditions for the stock you your favorite web-site, and find the following information: If you were to submit a 500 share market sell order, how much would you expect to get for each GOOG share?

Crossing networks