Identify the INCORRECT Statement Regarding 'Dark Pools

question 65

Multiple Choice

Identify the INCORRECT statement regarding 'dark pools'.

• A)'Crossings' are arranged by brokers.
• B)'Crossings' are a new development in share trading in Australia.
• C)'Dark pools' facilitate large trades with the least possible market price impact.
• D)Trading in 'dark pools' has grown because of advances in technology.
• E)Traders can avoid the exchanges trading fees when trading through 'dark pools'.

---

Definitions:

Seasonal Factor

A quantitative adjustment factor applied to economic or statistical data to account for seasonal variations of the data point.

Exponential Smoothing

A forecasting technique that applies decreasing weights to past observations as they recede in time.

Exponential Smoothing Model

A time series forecasting technique that applies weighting factors which decrease exponentially to past observations.

Mean Absolute Percentage Error

A measure used in statistics to assess the accuracy of a forecast or prediction, calculated as the average of absolute percentages of errors between predicted and observed values.