HOW TRADING OCCURS

Trades occur in four ways:

1. If a buyer chooses to buy a unit, then a trade occurs at the lowest ask price in the queue.

2. If a seller chooses to sell a unit, then a trade occurs at the highest bid price in the queue.

3. If a buyer submits a bid that is higher than the lowest ask price in the queue, then a trade occurs at that ask price.

4. If a seller submits an ask that is lower than the highest bid price in the queue, then a trade occurs at that bid price.