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11. Consider the following limit order book of a specialist. Where is the price likely to go? 1) up 2) down 3) unchanged 4) n
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Answer

MSFT
BUY ORDER SELL ORDER
PRICE PRICE
23.73 23.74
23.722 23.74
23.721 23.749
23.721 23.749
23.72 23.75
0.41% 0.51%

Interpretation:

In case of both the situation the chances of increase in price is pretty low and in that case based on the evaluation of standard deviation it is analyzed that the price will remain unchanged. Here, in this case the correct option is 3.

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