Electronic communications networks (ECNs) provide an alternative trading medium, which has increased competition among the stock exchanges.

Answer the following statement true (T) or false (F)


True

Investors use electronic communications networks (ECNs) through accounts they have at brokerage firms that offer online trading services and subscribe to ECNs. ECNs provide an alternative trading medium, which has increased competition among the stock exchanges. See 3-2: Types of Financial Markets

Business

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__________is the process of determining the worth of each position relative to the other positions within the organization.

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