In a Book Market,orders Are Ranked by Price and Time

question 4

True/False

In a book market,orders are ranked by price and time.That is,one the bid (buy)side of the book,a high priced limit order has priority over a lower priced order.On the offer (ask)side of the book,a low priced limit order has priority.

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Definitions:

Idea

A thought, concept, or notion that can be the basis for invention, creative processes, or problem-solving strategies.

Corporate Citizenship

The extent to which businesses are socially responsible for meeting legal, ethical, and economic standards to positively impact society and the environment.

Socially Responsible

A term describing companies or individuals that act in a way that benefits society, often through sustainable practices, ethical behavior, and philanthropy.

Bottom Line

The final profit or loss of a business after all expenses have been deducted from the revenues, also used metaphorically to mean the ultimate outcome.