A Limit Order Book Refers to a System Where

question 39

Multiple Choice

A limit order book refers to a system where

• A) All limit orders are electronically matched.
• B) All limit orders are visible to the specialist only.
• C) All limit orders are visible to markets makers and specialists.
• D) Orders are routed through Super Dot.
• E) None of the above.

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Definitions:

Corporate Entity

A corporate entity is a company or group that is authorized to act as a single entity and recognized as such in law, separate from its shareholders.

Promoter

An individual or entity that takes the initiative in founding and organizing a business or enterprise, often before it’s officially established.

Sole Shareholder

An individual or entity that owns 100% of the shares of a corporation, maintaining complete control.

Corporate Assets

Resources or items of value owned by a corporation, including cash, property, and intellectual property, contributing to its overall worth.