申明5为啥是错的？

问题如下：

Harding and Yellow conclude their meeting by comparing trade implementation for equities with the trade implementation for the new fixed-income, exchange-traded derivatives, and currency investments under consideration. Yellow tells Harding:

Statement 4: Small currency trades and small exchange-traded derivatives trades are typically implemented using the direct market access (DMA) approach.

Statement 5: The high-touch agency approach is typically used to execute large, non-urgent trades in fixed-income and exchange-traded derivatives markets.

Which of Yellow’s statements regarding the trade implementation of non-equity investments is correct?

选项：

A.

Only Statement 4

B.

Only Statement 5

C.

Both Statement 4 and Statement 5

解释：

Correct Answer: A

Small currency trades are usually implemented using direct market access (DMA). Buy-side traders generally use DMA for exchange-traded derivatives, particularly for smaller trades.