The Automated Trading System Used by the ASX

question 50

Multiple Choice

The automated trading system used by the ASX:

• A)can be accessed by individual retail investors
• B)stores unmatched at-market orders
• C)ranks unmatched orders in terms of time
• D)matches the highest priced buy orders and the lowest priced sell orders first
• E)is called SEATS.

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Definitions:

Executive

An individual or group of individuals at the highest level of management within an organization, responsible for making major decisions and setting strategic directions.

Base Salaries

The initial rate of compensation an employee receives in return for their services, not including extra benefits, bonuses, or overtime.

Consultative Decision

A consultative decision is made by an individual or leadership after seeking and considering input and advice from others, typically within an organization.

Subordinates

Individuals who report to a higher authority or are lower in rank within an organizational hierarchy.