Most Trading in the Australian FX Market

question 27

Multiple Choice

Most trading in the Australian FX market:

• A)is conducted by dealers trading with each other (and clients)by telephone
• B)is arranged by inter-dealer voice brokers who collect and match bid and offer orders by phone
• C)is conducted on an automatic trading system supplied by the exchange
• D)uses inter-dealer electronic broking systems which are order-driven.
• E)None of these are correct.

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Definitions:

Chefs

Professional cooks who manage kitchens and create recipes in restaurants, hotels, and other food service establishments.

No-Name Brand

Products that are sold without a brand name, often presented as lower-cost alternatives to named brands.

Versions

Different editions or releases of a product, often differentiated by features or improvements.

No Price Discrimination

A pricing strategy where a seller charges the same price to all customers for a product or service, regardless of differences in cost to serve them or their varying valuations.