Business
Business, 03.03.2020 00:02, jorge0506

ABC stock has just closed at $70.50. A customer has an open order on the Specialist's book (DMM's book) to sell short 100 shares of ABC at 70 Stop. ABC stock goes ex dividend $.55. The order on the Specialist's/DMM's book the next morning will be:
A. Sell short 100 ABC at 69.45 Stop
B. Sell short 100 ABC at 69.50 Stop
C. Sell short 100 ABC at 69.55 Stop
D. Sell short 100 ABC at 70.00 Stop

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ABC stock has just closed at $70.50. A customer has an open order on the Specialist's book (DMM's bo...

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