a. What is a program trade? b. What are the various types of commission arrangements for executing
Question:
a. What is a program trade?
b. What are the various types of commission arrangements for executing a program trade and the advantages and disadvantages of each?
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a Program Trade A program trade also known as a basket trade or portfolio trade involves the simultaneous buying or selling of a large number of securities as a single transaction Program trades are t...View the full answer
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Related Book For 
Foundations Of Financial Markets And Institutions
ISBN: 9780136135319
4th Edition
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
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