- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 1. Market Organization and Structure
- Subject 7. Secondary Security Market and Contract Market Structures
CFA Practice Question
Which party provides liquidity in quote-driven markets?
B. Brokers
C. Public traders
A. Dealers
B. Brokers
C. Public traders
Correct Answer: A
In order-driven markets both public traders and dealers provide liquidity.
User Contributed Comments 1
| User | Comment |
|---|---|
| johntan1979 | Quote-driven: A Order-driven: A and C |