Electronic Communication Networks (ECNs) ________

question 38

Multiple Choice

Electronic communication networks (ECNs) ________.

• A) are not off-exchange exchanges.
• B) are direct descendants of (and part of) the NYSE, not Nasdaq.
• C) display bids and offers; that is, they provide an open display.
• D) provide institutions and market-makers with an known way to enter orders.

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Definitions:

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