Company: iragecapital
Difficulty: easy
Bayes Rule for Toxic Order Flow Let T be the event that a quote update is toxic and C be the event that a resting passive order is filled. Which expression equals Pr(T | C)? Pr(C | T) Pr(T | C) Pr(C) Pr(C | T) Pr(T) / Pr(C) Pr(T | C) Pr(C) / Pr(T)