The Change in the Option Symbol Quotation System Was Driven

question 2

Multiple Choice

The change in the option symbol quotation system was driven by which of the following?
I. Advances in technology
II. Increase in the number and type of option products
III. Difficulty in applying the old system to NASDAQ stocks
IV. Difficulty in applying the system to complicated option products

• A)I, II, III, and IV
• B)II, III, and IV
• C)I, II, and IV
• D)II and III
• E)I, II and III

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Definitions:

Adjustment

A small change made to correct or improve something.

Direct-order Messages

Communications that directly state the purpose or request at the beginning, often used in business to ensure clarity and efficiency.

General Plan

A General Plan outlines the goals, policies, and guidelines that a community or organization intends to follow over a certain period.

Reader's Reaction

The immediate response or feeling of a reader after engaging with a piece of text or content.