Andreas Park PRO
Professor of Finance at UofT
Trading Cases: LT1&2
The quick and dirty on LT1
New symbol?
What's notable about the stock?
Yes, HAR
flat price
What do you have to do?
- Make a market: post bid and offers
- Don't be more than 10,000 shares long or short!
- End the day with a ZERO inventory
Anything special?
Orders will end up in your inventory Pay attention.
The quick and dirty on LT2
New symbol?
What's notable about the stock?
Sure, GTA (because, why not?)
flat price
What do you have to do?
- You'll get 50K shares at the beginning and
- End the day with a ZERO inventory!
Anything special?
- You get another 50K (+/-) after 2 min
- Do not exceed at 50K position
\(\Rightarrow\) heavy penalty!!
MGT435: LT1&2
By Andreas Park
