Examlex
Which of the following has a high threat of substitution?
NASDAQ Stock Market
An American stock exchange known for its technology-heavy stock portfolio, being the second-largest in the world by market capitalization.
Electronic Communications Networks
are digital platforms that facilitate the trading of financial products outside traditional stock exchanges, connecting buyers and sellers directly.
Brokerages
Firms that act as intermediaries between buyers and sellers in financial transactions, often involving stocks, bonds, or real estate.
Primary Market
The market segment at which a company's products or services are primarily aimed, often defined by demographics such as age, gender, or income.
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