Competition from internet-based and electronic exchanges has led to a decrease in profits of market making.

Question

Quizplus · Accepted Answer

Competition from internet-based and electronic exchanges has led to a decrease in profits of market making, as electronic exchanges have made it easier and more efficient for buyers and sellers to connect without needing the services of market makers. This has resulted in a decline in market maker profits.

Competition from Internet-Based and Electronic Exchanges Has Led to a Decrease