Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Free Preparation Discussions
MENU
PRMIA Exam 8006 Topic 2 Question 73 Discussion
Actual exam question for
PRMIA's
Exam I: Finance Theory, Financial Instruments, Financial Markets ? 2015 Edition exam
Question #: 73
Topic #: 2
[All Exam I: Finance Theory, Financial Instruments, Financial Markets ? 2015 Edition Questions]
Topic #: 2
Which of the following markets are characterized by the presence of a market maker always making two-way prices?
Suggested Answer:
A
Over the counter and electronic communication networks match buyers and sellers. However, there is no market making function, ie, in periods of stress liquidity may completely disappear from these markets. Exchanges normally have market makers that are required to present two way quotes on the securities they are making the market for. Therefore Choice 'a' is the correct answer.
Currently there are no comments in this discussion, be the first to comment!