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LOS c: Compare and contrast alternative market structures and their relative advantages.
Q1. Where would an illiquid security in a developing country most likely trade?
A) Broker markets.
B) Electronic crossing networks.
C) Electronic limit-order markets.
Q2. In which of the following markets is an order most likely to go unfilled or partially filled?
A) Electronic crossing networks.
B) Auction markets.
C) Electronic limit-order markets.
Q3. Which of the following markets does NOT provide price discovery?
A) Electronic crossing networks.
B) Electronic limit-order markets.
C) Auction markets. | 
发表于 2009-4-10 11:26
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