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Which of the Below Statements Is FALSE

Question 37

Multiple Choice

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.

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