Program Trading

question 93

Multiple Choice

Program trading:

• A) is the most likely reason there was a stock market crash in October 1987.
• B) occurs only in over-the-counter markets.
• C) refers to computer-generated orders to buy or sell many shares at the same time.
• D) has been abolished by order of the ASX.

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Definitions:

Credit Unions

Member-owned financial cooperatives that provide traditional banking services and typically offer higher interest rates on savings and lower rates on loans.