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4#
发表于 2011-7-11 19:21
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Good quiz...I was wondering what in the world is Electronic Limit-Order Market.
Automated Auctions (Electronic Limit-Order Markets) These are computer- based auctions that operate continuously within the day using a specified set of rules to execute orders. Electronic communications networks (ECNs), such as Island and Archipelago Exchange in the United States and the Paris Bourse in France, are examples of automated auctions for equities. (V6, p. 17).
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