The ASX Automated Trading System Does NOT

question 24

Multiple Choice

The ASX automated trading system does NOT:

• A)facilitate trading on a 24/7 basis
• B)conduct auctions to determine a single opening and closing price
• C)close (except for enquiries)between 7 p.m.and 7 a.m.
• D)allow brokers and online investors to enter orders during the 7 a.m.to 10 a.m.pre-opening phase
• E)permit brokers to amend or cancel orders during the after-hours adjust phase.

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Definitions:

Clearance

The space or distance between two objects or parts, designed to allow for freedom of movement, assembly, or avoid interference.

Diametral Pitch

A measure of the fineness of gear teeth calculated as the number of teeth per unit length along the pitch diameter, used in gear design.

DP

An abbreviation that can refer to different concepts depending on the context, such as "Dual Purpose", "Dew Point", or "Distribution Point" in various fields.

Shaft Speed

The rotational speed of a shaft, measured in revolutions per minute (RPM), indicating how fast the shaft is spinning.