Question

The term inside quotes on a limit order book would be comprised of the ______. a. highest bid price and the lowest ask price.b. lowest bid price and the lowest ask price.c. lowest bid price and the highest ask price.d. highest bid price and the highest ask price.

Answer 1

Answer:A. highest bid price and the lowest ask price

Explanation:the ask price is the lowest price a prospective seller is willing to accept, the bid price is the highest price that a prospective buyer is willing to pay for the security. The highest bid and lowest ask are quoted on most major exchanges, and the difference between the two prices is called the bid-ask spread

Answer 2

Answer:

a. highest bid price and the lowest ask price

Explanation:

An inside quote entails that which have a higher bid price and lowest ask price.

The inside price helps to creates the spread between the bid and ask.

If a bid is fully removed or it gets fully filled, automatically therw will be a sort of changes, the next highest bid or lowest offer will becomes part of the inside market price.