Chapter 3 - IT CISI
- Created by: sandrapiercexxx
- Created on: 14-10-20 17:52
Other questions in this quiz
2. In a QUOTE-DRIVEN system, are the identities of the seller and buyer known to each other?
- Yes
- No
3. What is a firm called which does NOT clear their own trades and needs connectivity to the exchange member's system BUT NOT CLEARING HOUSE'S SYSTEMS?
- NCM (non-clearing member)
- GCM (General Clearing Member)
4. What is a system called which has an obligation of making two-way-prices, and where market makers must be approached directly to place orders?
- Order-driven System
- Quote-driven System
- Hybrid System
5. Products which are highly LIQUID (large daily trading volumes) are most suitable to trade on which type of exchange systems?
- Hybrid
- Order-driven
- Quote-Driven
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