A ECN Is

question 23

Multiple Choice

A ECN is

• A)a trade of 10,000 (or more) shares of a stock.
• B)a trade of many shares of one stock for one other stock.
• C)a trade of analytic programs between financial analysts.
• D)a fully automated market.

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Definitions:

Impostor

An individual who deceives others by assuming a false identity or title, often to gain certain advantages, access, or to commit fraud.

Primarily Liable

Refers to the party that is first and foremost responsible for fulfilling an obligation or making restitution.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money either on demand or at a set time, with the payer named on the document.

Agreed

The state of mutual consent or acknowledgement about terms, conditions, or proceedings by all parties involved.