What is the difference between a price-driven trading system and an order-driven trading system? Which system lends

Question:

What is the difference between a price-driven trading system and an order-driven trading system? Which system lends itself most easily to automation?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

International Financial Management

ISBN: 978-0132162760

2nd edition

Authors: Geert Bekaert, Robert J. Hodrick

See More Books

Question Posted: May 28, 2012 03:06 AM

See More Questions

What is the difference between a direct cost and an indirect cost? Give an example of each in the context of teaching an accounting class at your school.
What is the difference between a lean and an agile supply chain? Under which circumstances is each an appropriate supply chain approach to pursue?
What is the difference between a direct foreign tax credit and an indirect (deemed paid) foreign tax credit?
1. As a policy maker you should never worry much about those are eligible for Medicaid benefits and do not enroll. This is because they will enroll in public insurance if they need it. True or False?...
DataTech (DT) is a software manufacturer. It develops, markets, and supports software that helps manufacturers improve the competitiveness of their products. DT provides a detailed description of its...
Substantive Tests: Analytical Procedures, Balances and Transactions. Substantive tests include (1) tests of the details of transactions (2) tests of the details of balances and (3) analytical...
Prepare headings for a cash disbursements journal like the one in Exhibit E-A.4. Journalize the April transactions from Exercise E-10 that should be recorded in the cash disbursements journal...
The following data are taken from the general ledger and other records of Phoenix Products Co. on October 31, the end of the first month of operations in the current fiscal year:...
A publicly traded company has several liabilities and transactions that are not included in its annual report. Many of these liabilities were actually incurred by a wholly owned subsidiary. Is there...
Antonia Clark, the Senior Marketing Manager of Tough Mudder, talks about how operations teams, creative teams, and merchandising teams have to work collaboratively to put on events. If she assigned...
What are the differences between public and private bourses?
What is a dark pool?
Using the data in Table 2.2, select two countries that are substantively dissimilar. Then select one of the products below. Use the data for the two countries to develop arguments why each of the two...
Identify a weakness of your own that might affect your ability to lead change effectively.
What makes an ability (or set of abilities) a core competency? Pick a company you are familiar with (I've picked Apple Company) . Can you identify some of its core competencies What methods do you...
What are the key standards and frameworks commonly used by IS auditors during the IS audit process, and how do these standards contribute to the effectiveness and reliability of IS audit activities?...
What is the definition of a project risk? What is risk threat and Risk Opportunity? What are the responsibilities of the risk or opportunity owner? What alternatives are there to managing "excessive"...
6.1. Determine the transfer function H(s)/Q(s) for the liquid-level system shown in Fig. P61. Resistances R1 and R2 are linear. The flow rate from tank 3 is maintained constant at b by means of a...
Why is a dashboard useful in process improvement projects? Describe a dashboard that your unit/department may be using to track and trend performance of key metrics your team is responsible for...
In the current year, the City of Omaha donates land worth $500,000 to Ace Corporation to induce it to locate in Omaha and create an estimated 2,000 jobs for its citizens. a. How much income, if any,...
What is the difference between a Type I error and a Type II error?
Assume the settlement rate in problem 2 is 61/8 percent. What is the solution now? Problem 2 A bank sells a "three against six" $3,000,000 FRA for a three-month period beginning three months from...
A "three against nine" FRA has an agreement rate of 4.75 percent. You believe six-month LIBOR in three months will be 5.125 percent. You decide to take a speculative position in a FRA with a...
A "three against nine" FRA has an agreement rate of 4.75 percent. You believe six-month LIBOR in three months will be 5.125 percent. You decide to take a speculative position in a FRA with a...
why would an auditor want to complete dual-purpose tests? what procedure can be put into place to help prevent fraud? List 4 procedures.
Based on the following information, calculate sustainable growth rate for Groot, Inc.: Profit margin= 7.1% Total asset turnover = 1.90 Total debt ratio = .45 Payout ratio = 20% What is the ROA here?
Consider the following: a call option on a stock has strike price $100, premium of $5 and the current price of the underlying stock is $100. If you buy the call option today, what is your holding...

What is the difference between a price-driven trading system and an order-driven trading system? Which system lends

Question:

Step by Step Answer:

In a pricedriven system dealers who act as market markers for certain stocks stan...View the full answer

International Financial Management

Students also viewed these Finance questions