Multiple Choice
Which of the following statements is false regarding Electronic Communications Networks (ECNs) ?
A) Archipelago and Instinet are two examples of ECNs.
B) Competition from ECNs has forced NASDAQ to cut its fees.
C) Traders benefit from lower trading costs and faster service.
D) ECNs allow institutional investors, but not individuals, to trade after hours.
Correct Answer:
Verified
Correct Answer:
Verified
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