Question

________ trading systems, often found in foreign exchange markets, are good examples of markets in which market makers stand prepared to buy at their bid prices and sell at the ask or offer prices. Group of answer choices Order-driven Price-driven Cross-listed Cross-holding

Answer 1

Answer:

Order driven

Explanation:

This kind of financial market in which buyers and sellers display the prices they want or wish to buy or sell a particular stock and the amount of stock wished to be sold.

Answer 2

Answer:price driven trading system.

Explanation:price driven trading system also known as quote driven trading system focuses only on the bids and asking prices of the market makers and other participants. This system allows participants to electronically fill their orders or match their orders with others.

This trading system is different from order driven trading system in that it only displays the bids and askings of the market makers and other participants.