Which of the Following Statements Is False Regarding Electronic Communications

question 52

Multiple Choice

Which of the following statements is false regarding Electronic Communications Networks (ECNs) ?

• A) Archipelago and Instinet are two examples of ECNs.
• B) Competition from ECNs has forced NASDAQ to cut its fees.
• C) Traders benefit from lower trading costs and faster service.
• D) ECNs allow institutional investors, but not individuals, to trade after hours.

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