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  1. business
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  3. your broker charges $0.0030 per share per trade. t

Your broker charges $0.0030 per share per trade. The exchange charges $0.0179 per share per...

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Accounting

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Your broker charges $0.0030 per share per trade. The exchange charges $0.0179 per share per trade for removing liquidity and credits $0.0161 per share per trade for adding liquidity. The current best BID price for stock XYZ is $84.01 per share, while the current best ASK price is $84.02 per share. You post an order to buy XYZ at the current best BID price and wait. Shortly after, the best BID and ASK prices move lower (down) by one cent each. Your buy order is executed. Immediately, you post an order to sell XYZ at the new best BID price, and your sell order is executed. What will be your net loss per share to buy and sell XYZ after considering the commissions and any exchange fees or credits? $0.0178 $0.0182 $0.0187 $0.0191 $0.0196

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