When Currency Options Are Not Standardized and Traded Over-The-Counter, There

question 96

Multiple Choice

When currency options are not standardized and traded over-the-counter, there is ____ liquidity and a ____ bid/ask spread.

• A) less; narrower
• B) more; narrower
• C) more; wider
• D) less; wider

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Definitions:

Carboxylic Acids

Organic compounds characterized by the presence of at least one carboxyl group (-COOH), which includes substances like acetic acid and butyric acid.

Lithium Aluminum Hydride

A powerful reducing agent used in organic synthesis to reduce esters, carboxylic acids, and amides to alcohols.

Major Organic

The primary organic compound formed as the principal output in a chemical reaction.

Organic Product

A compound that typically contains carbon atoms and is produced as a result of the chemical reactions within a living organism or synthetic organic reactions.