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Development of Public Policy Follows a Four-Stage Policy Life Cycle

question 15

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Development of public policy follows a four-stage policy life cycle.Which of the following is the first of those stages?


Definitions:

Algorithmic Trading

The use of computer programs to make trading decisions.

High Frequency Trading

High Frequency Trading (HFT) involves using sophisticated technological tools and computer algorithms to trade securities on a rapid basis, often within milliseconds.

Dark Pools

Electronic trading networks where participants can anonymously buy or sell large blocks of securities.

Market Order

A type of trading order that instructs to buy or sell a security immediately at the current market price.

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