NO.PZ202212270100001103
问题如下：
Chatterjee decides to buy 10,000 shares of MPU with a decision price
of yesterday’s close at $40.00 per share and sets a limit price of $40.50 for
the order. The trading venue charges $0.03 per share as a commission.
MPU faces strong demand and prices continue rising
throughout the trading day. Angels is able to get three trades executed within
the limit order set by Chatterjee. After the third trade, MPU shares trade at
prices over the limit order and close at $40.90. Chatterjee determines that MPU
is now fairly valued and does not want to buy any more MPU shares at the
current price. The trade execution details are shown in Exhibit 1.
Which of the following improvements is most likely to reduce the opportunity cost of the trade execution?
选项：
A.Knowing beforehand which broker and/or algorithm is best suited to reduce the time between receipt of the order and market execution.
B.Knowing the share quantity that is most likely to be executed within a specified price range.
C.Selecting the proper trading urgency.
解释：
Correct Answer: B
Opportunity cost can be reduced by knowing the order size and share quantity that is most likely to be executed in the market within a specified price range.
Knowing beforehand which broker and/or algorithm is best suited to reduce the time between receipt of the order and market execution could help reduce the delay cost. Selecting the proper trading urgency can reduce the trading cost.
RT
