____ Is Defined as a Computerized Response by Institutional Investors

question 24

Multiple Choice

____ is defined as a computerized response by institutional investors to either buy or sell a large basket of stocks in response to movements in a particular stock index.

• A)D irect access brokering
• B)E lectronic communication networking
• C)P rogram trading
• D)High-volume  stock trading

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Definitions:

Index Fund

A type of mutual fund or exchange-traded fund (ETF) designed to replicate the performance of a specific market index.

Whole-Life Insurance

A type of permanent life insurance policy that offers a death benefit alongside a savings account component, covering the insured for their entire life.

Long-Term Bonds

Debt securities with maturities typically longer than 10 years, offering regular interest payments and repayment of principal at maturity.

Life Insurance Firms

Companies that provide financial compensation to beneficiaries upon the death of the insured person.