If a Subscriber Wants to Buy a Stock Through an ECN

question 79

True/False

If a subscriber wants to buy a stock through an ECN, if there are no sell orders, 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:

Phalanges

Bones of the fingers and toes.

Fingers And Toes

The digits of the hands and feet in humans and other primates.

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A chronic autoimmune disorder that primarily affects joints, causing inflammation, pain, and deformity.

Immune System

The body's defense against infectious organisms and other invaders, comprising various cells, tissues, and organs that work together to protect the body.