Electronic Communication Networks (ECNs) Automatically Match Buy and Sell Orders

question 37

True/False

Electronic communication networks (ECNs) automatically match buy and sell orders at specified prices, and orders are not routed to the floor of an exchange before processing.

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Definitions:

Organic Chemistry

The branch of chemistry concerned with the study of carbon-containing compounds, their reactions, and properties.

1-butanol

An alcohol with the formula C4H9OH, featuring a four-carbon chain with a hydroxyl group attached to the first carbon, used as a solvent and in chemical synthesis.

Compound

An entity produced through the chemical synthesis of several elements in constant ratios.

Mechanism

The detailed process or steps through which a chemical reaction occurs, explaining how reactants are transformed into products.