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Georgina Sloberg submits a market order to sell 300 shares. What price will she receive?

A) Market analysis
B) Stock market dynamics
C) Trading algorithm
D) Bid-ask spread

User Ajmicek
by
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1 Answer

2 votes

Final answer:

Georgina Sloberg will receive the ask price for each share when she submits a market order to sell 300 shares.

Step-by-step explanation:

The price Georgina Sloberg will receive when she submits a market order to sell 300 shares depends on the current bid-ask spread in the market. In a market order, the shares are sold at the best available price in the market at the time of execution. The bid-ask spread represents the difference between the highest price a buyer is willing to pay (the bid) and the lowest price a seller is willing to accept (the ask).

For example, if the highest bid price in the market is $50 and the lowest ask price is $51, Georgina will receive the ask price of $51 for each share when she sells her 300 shares. However, it's important to note that the actual price can fluctuate rapidly in volatile markets.

User CCurtis
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