Dark Pools ________

question 30

Multiple Choice

Dark pools ________.

• A) fulfill the need for a neutral gathering place but do not fulfill the traditional role of an exchange in the new paradigm.
• B) are private crossing networks in which participants submit orders to cross trades at externally specified prices and, thus, provide anonymous sources of liquidity (hence, the name "dark").
• C) are electronic execution systems that do displaying quotes and providing transactions at externally provided prices.
• D) are not designed to prevent information leakage and offer access to undisclosed liquidity and leave "footprints."

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Definitions:

Zero-inflation

A situation where the price level of goods and services remains constant over time, indicating an absence of inflation in the economy.

Phillips Curve

An economic concept that describes an inverse relationship between rates of unemployment and corresponding rates of inflation, suggesting that higher inflation is associated with lower unemployment and vice versa.

1970s

A decade marked by significant events including economic turmoil, the oil crisis, social movements, and the Cold War's continuing tension.

Price Expectations

The beliefs or forecasts that consumers and producers have regarding future prices, which can influence their economic decisions.