Q360
In New York Stock exchange, fully automated information and trading system which allows to execute orders for bonds is classified as
A.
secondary stock system
B.
primary stock system
C.
automated stock system
D.
automated bond system
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
In New York Stock exchange, fully automated information and trading system which allows to execute orders for bonds is classified as automated bond system. The Automated Bond System automatically records any and all movements in the bid and ask prices for inactive bonds until they are bought, sold, or canceled.