- 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
______ are common for transactions of real estate properties.
B. Order-driven markets
C. Brokered markets
A. Quote-driven markets
B. Order-driven markets
C. Brokered markets
Correct Answer: C
Brokered markets are common for transactions of unique instruments.
User Contributed Comments 3
| User | Comment |
|---|---|
| johntan1979 | Illiquid: brokered markets |
| Inaganti6 | Ok John ok |
| Miqizjg | thanks |