Which of the following allows after-hours trading and protects traders' anonymity?

A) National Association of Securities Dealers Automated Quotation (NASDAQ)
B) New York Stock Exchange (NYSE)
C) Electronic Communication Networks (ECNs)
D) Standard & Poor's 500
E) Mutual funds

Answer: C
Explanation: C) ECNs must register with the SEC as broker-dealers.

Business

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Suppose that we determine the probability of a warm winter based on the number of warm winters experienced over the past 10 years. In this case, we have used

A) relative frequency. B) the classical method. C) the logical method. D) subjective probability. E) None of the above

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________ results in smaller and less complex systems that are easier to understand than larger, complicated systems

A) Cohesion B) Compaction C) Modularity D) Chopping E) Reduction

Business