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Basic Question 9 of 10
Which statements are true regarding call markets?
II. They are usually organized just once a day.
III. When they are called they are likely to be very liquid.
I. Most call markets use single-price auctions to match buyers and sellers.
II. They are usually organized just once a day.
III. When they are called they are likely to be very liquid.
User Contributed Comments 1
| User | Comment |
|---|---|
| gomez1234 | In Europe, there are min 2 call markets - opening and closing auction. Opening tends to be very illiquid. I don't agree to II and III as a trader, even they may be written in the textbook. |
Your review questions and global ranking system were so helpful.
Lina
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.