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Which of the following is NOT CORRECT about trading procedures in financial markets? In a dealer market, the dealer makes money through a spread between

Which of the following is NOT CORRECT about trading procedures in financial markets?

In a dealer market, the dealer makes money through a spread between bid and ask prices,

New York Stock Exchange works as an over-the-counter dealer market.

An ECN automatically matches buyers and sellers in the market.

A dealer has to keep inventory of securities similar to a market maker.

In a dealer market,you buy from or sell to the dealer.

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