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A pure auction market is one in which A. Dealers provide liquidity by buying and selling shares of stock for themselves. B. Dealers compete against
A pure auction market is one in which
A. | Dealers provide liquidity by buying and selling shares of stock for themselves. | |
B. | Dealers compete against each other to provide the highest bid and lowest asking prices. | |
C. | Buyers submit bid prices to sellers. | |
D. | Sellers submit ask prices to buyers. | |
E. | Buyers and sellers submit bid and ask prices to a central location to be matched. |
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