Respuesta :
If the Specialist/DMM receives a market order to sell for 6,000 shares, the Specialist/DMM will fill that order in full at the current bid price of $50.05.
What is super display book?
The super display book is an electronic order routing and execution technology that sends orders directly to the specialist or DMM for execution rather than through the floor broker. The system will provide an electronic confirmation of the execution to the submitting broker dealer if the order can be carried out right away.
The New York Stock Exchange used a unique tracking system called Display Book (NYSE). Market exchanges displayed, recorded, and carried out market orders using the Display Book. For each security they traded, experts on a NYSE-affiliated exchange used the Display Book.
The upkeep of quotes and the facilitation of buy and sell transactions are under the purview of a DMM. Market makers occasionally create markets for hundreds of listed stocks at once. Previously known as specialists, designated market makers on the NYSE are now called.
Hence, If the Specialist/DMM receives a market order to sell for 6,000 shares, the Specialist/DMM will fill that order in full at the current bid price of $50.05.
To learn more about super display book refer to:
https://brainly.com/question/14368700
#SPJ4
