Equity Investments Q61
- A
In call markets, trades occur at any time the market is open with prices set either by the auction process or by dealer bid-ask quotes.
- B
Quote-driven markets are sometimes also called dealer markets, pricedriven markets, or over-the- counter markets.
- C
In order-driven markets, orders are executed using trading rules, which are necessary because traders are usually anonymous.
- Option : A
- Explanation : In call markets, orders are accumulated and securities trade only at specific times.
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