Which of the below statements is FALSE?
A) ITS refers to the International Transaction System.
B) The Order Protection Rule (Trade-Through Rule) requires that trades be executed at the best displayed prices provided by an electronic trading system and accessible under one second.
C) The Trade-Through Rule provides price protection to top-of-book orders (best bids or best offers) placed on exchanges that are electronically accessible.
D) Internalization refers to off-exchange ("upstairs") trades, mainly of retail trades.
Correct Answer:
Verified
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A) fulfill the need for
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A) are not
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Q34: The Pacific Exchange (PHLX) is the oldest
Q35: _ matches buy and sell orders in
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