If a Subscriber Wants to Buy a Stock Through an ECN

question 39

True/False

If a subscriber wants to buy a stock through an ECN with no sell order, the order will be executed and then matched after a sell order arrives.
Absent a sell order, the transaction cannot be executed. It can, however, wait for a matching sell order, or can sometimes be rerouted to another exchange.

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Definitions:

Splitting

A defense mechanism in psychoanalysis where an individual views others or themselves as all good or all bad, lacking nuance.

Psychoanalytic Approaches

Therapy modalities based on Freudian concepts that explore unconscious motivations and early childhood experiences affecting current behaviors.

Personality Dynamics

The complex interplay of factors and forces within an individual that contribute to their characteristic patterns of thoughts, feelings, and behaviors.

Psychoanalytic Approaches

Methods in psychology that focus on unconscious motivations and conflicts as drivers of human behavior, originating from the theories of Freud.