Method of matching orders by posting orders of buying and selling is classified as______________?
Correct answer: A. Electronic communication network
- A. Electronic communication network
- B. Electronic dealer network
- C. Electronic stock network
- D. Electronic order network
Explanation
An electronic communication network, or ECN, electronically matches posted buy and sell orders. The other network names are not the standard term used in securities trading.
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Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
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