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Business, 18.12.2019 01:31 123niikee

Acustomer asks her representative for a quote on xyz stock, which the representative informs the customer is currently $31.00 bid - $32.10 ask. the customer tells the representative to buy 1,000 shares at $32.10. the representative places a marketable limit order to buy. when the trade is confirmed with the representative, it shows execution at $33.10. the representative contacts the firm's operations department about this, and after making an inquiry to the exchange, the operations department determines that the exchange quotation of $32.10 was erroneous. which statement is true

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