Automatic Trading Systems for Interbank Spot FX Display the Best

question 55

Multiple Choice

Automatic trading systems for interbank spot FX display the best prices entered into the systems by users and:

• A) Display the names of those users along their price
• B) Offer pre-trade anonymity to users quoting prices
• C) Offer pre and post-trade anonymity to users quotin
• D) Offer users the choice of whether to remain anonym

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Definitions:

One-sample Z Statistic

A statistical measure used to determine how many standard deviations a single sample mean deviates from the population mean, assuming the population variance is known.

One-sample T Statistic

A statistical measure used to compare the mean of a single sample to a known or hypothesized population mean.

Null Hypothesis

In statistical hypothesis testing, a statement that there is no effect or no difference, and any observed deviation from this is due to sampling or experimental error.

Significance Level

The probability of rejecting the null hypothesis in a statistical test when it is actually true, commonly denoted by alpha.