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Basic Question 6 of 10

What is the first criteria an order-driven market normally uses to match buyers to sellers?

A. Order price
B. Order size
C. Order time

User Contributed Comments 2

User Comment
khalifa92 price > displied quantities > time of arrival.
CFAJ thanks khalifa
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

describe how securities, contracts, and currencies are traded in quote-driven, order-driven, and brokered markets

CFA® 2025 Level I Curriculum, Volume 3, Module 1.