In Recent Years, Trading in Secondary Markets Has Increasingly Become

question 79

Multiple Choice

In recent years, trading in secondary markets has increasingly become a function of

• A)securities exchanges.
• B)dealer markets.
• C)technology that by-passes both brokers and dealers.
• D)broker-dealer markets using consolidated venues and technologies.

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Definitions:

Contract Theory

The study of how contractual agreements are formed, validated, and enforced between parties.

Union Election

A voting process in which workers decide by ballot whether to be represented by a union in dealing with their employer.

Collective Bargaining

The process by which labor and management negotiate the terms and conditions of employment, including working hours and workplace conditions.

Electronic Devices

Gadgets or pieces of equipment that operate using electricity, including computers, smartphones, and tablets.