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Basic Question 5 of 10

In a continuous market ______

A. trading occurs 24 hours per day, 365 days per year.
B. trading occurs any time the market is open to buyers and sellers.
C. the market is only closed for brief periods needed to complete all required record-keeping.
D. successive trades occur without large gaps in the price between trades.

User Contributed Comments 3

User Comment
DariSH why not D?
bantoo 'The large gap' is a vague word. And, mind one thing in exam u have to select among options and B is obviously most suitable.
johntan1979 Time, not price
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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

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

CFA® 2024 Level I Curriculum, Volume 3, Module 1.