A 1994 Study Concluded Dealers Were Colluding to Maintain Wide

Multiple Choice

A 1994 study concluded dealers were colluding to maintain wide bid/ask spreads by concentrating market quotes in quarters instead of eighths.This study eventually led to new order handling rules that required quotes to be available to the public through:

A) NASDAQ market
B) Electronic communications networks (ECN)
C) High frequency trading (HFT)
D) Algorithmic trading (AT)
E) Intermarket trading system (ITS)