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Both the NYSE and Nasdaq Have Lost Market Share to ECNs

Question 39

Multiple Choice

Both the NYSE and Nasdaq have lost market share to ECNs in recent years.Part of Nasdaq's response to the growth of ECNs has been to _______.
I.Purchase Instinet,a major ECN
II.Enable automatic trade execution through its new Market Center
III.Switch from stock ownership to mutual ownership


A) I only
B) II and III only
C) I and II only
D) I, II and III

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