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1, Describe a dealer market/quote-driven market. Who supplies the liquidity? Use an example to illustrate how a trade is conducted. 2. Describe the different forms

1, Describe a dealer market/quote-driven market. Who supplies the liquidity? Use an example to illustrate how a trade is conducted.

2. Describe the different forms of market efficiency. What is your opinion on market efficiency? Be sure to support your claims.

3. What is a call auction? What is a continuous auction? How are they similar and different? Give examples of both.

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