In 1977, the ___________ Launched the World's First Computer Assisted

question 22

Multiple Choice

In 1977, the ___________ launched the world's first computer assisted trading system (CATS) and closed its trading floor to become the largest electronic North American exchange.

• A) New York Stock Exchange
• B) Toronto Stock Exchange
• C) Chicago Options Exchange
• D) NASDAQ
• E) Canadian Venture Exchange

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Definitions:

Human Capital

The economic value of a worker's experience and skills, including education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.

Beta Over Time

A metric that evaluates the volatility of an asset or portfolio in comparison to the market as a whole, observed across different time periods.

Arbitrage

The practice of buying and selling the same asset in different markets to profit from price discrepancies.

Law Of One Price

An economic theory that suggests the price of identical goods in different markets must be the same after exchange rate adjustments.