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Basic Question 7 of 10
Which party provides liquidity in quote-driven markets?
B. Brokers
C. Public traders
A. Dealers
B. Brokers
C. Public traders
User Contributed Comments 1
User | Comment |
---|---|
johntan1979 | Quote-driven: A Order-driven: A and C |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
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.