- 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
What is the first criteria an order-driven market normally uses to match buyers to sellers?
B. Order size
C. Order time
A. Order price
B. Order size
C. Order time
Correct Answer: A
Price priority is usually the first rule.
User Contributed Comments 2
| User | Comment |
|---|---|
| khalifa92 | price > displied quantities > time of arrival. |
| CFAJ | thanks khalifa |