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2#
发表于 2013-4-7 07:37
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In an order driven market, buy and sell orders come in at various prices. Those buy and sell orders that match in price are executed. There are no specialists/market makers in this market.
A Price Driven market is run by specialists (market makers). Specialist provides a quote to buy and sell a security (bid and ask prices) and market orders are executed at these prices.
Your question is too general. If this does not help, may be you can frame a more specific question. |
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