trading

NO.PZ2021101401000039 问题如下 Taylor asks Anrson about his views on how the introction of electronic trang might have impacteBright Capital. Anrson tells Taylor:Statement 1: Onimplemente electronic trang systems are more efficient ancost-effective to operate thtrationfloor-basetrang systems.Statement 2: The introction of electronic markets hha more significant impaon the trang of corporate anmunicipbon thon equities.Statement 3: Electronic trang systems have attractenumerous new buy-si trars, leang to increasecompetition annarrower biask sprea.Whiof Anrson’s statements regarng the impaof electronic markets is correct? A.Statement 1 B.Statement 2 C.Statement 3 A is correct. Onbuilt, electronic systems are inecheaper to operate thfloor-basetrang systems. They require less physicspath trang floors, anin contrast to floor-basetrang systems, they not require exchange officials to recoranreport prices. Furthermore, the wispreuse of electronic trang systems significantly creasetrang costs for buy-si trars. Costs fell exchanges obtainegreater cost efficiencies from using electronic matching systems insteof floor-basemanutrang systems.B is incorrect. While electronic trang hha significant effeon equity markets, it hnot hmuof effeon the markets for corporate anmunicipbon. The market structures of corporate anmunicipbonmarkets have hary changesinthe late 19th century. spite the efforts of many creative velopers of electronic bontrang systems, most public investors in these markets still tra largely over the counter with alersC is incorrect. These technologies also creasecosts anincreaseefficiencies for the alers anarbitrageurs who provi muof the liquity offereexchanges. Competition forcethem to pass along muof the benefits of their new technologies to buy-si trars in the form of narrower sprea quotefor larger sizes. New electronic buy-si orr management systems also creasebuysi trang costs allowing a smaller number of buy-si trars to process more orrs anto process them more efficiently thmanutrars. C答案没有看懂，能否一下

NO.PZ2021101401000039问题如下 Johnson asks Martin about his views on how the introction of electronic trang might have impacteSAMN. Martin tells Johnson:• Statement 1: Onbuilt, electronic trang systems are more efficient ancheaper to operate thfloor-basetrang systems.• Statement 2: Electronic trang systems have attractea lot of new buy-si trars, anthe increasecompetition hresultein narrower biask sprea.• Statement 3: The introction of electronic markets hha mugreater impaon the trang of corporate anmunicipbon thon the trang of equities.Whiof Martin’s statements relating to the introction of electronic markets is correct? A.Statement 1B.Statement 2C.Statement 3 A is correct. Onbuilt, electronic systems are inecheaper to operate thfloor-basetrang systems. They require less physicspath trang floors, anin contrast to floor-basetrang systems, they not require exchange officials to recoranreport prices. Furthermore, the wispreuse of electronic trang systems significantly creasetrang costs for buy-si trars. Costs fell exchanges obtainegreater cost efficiencies from using electronic matching systems insteof floor-basemanutrang systems.These technologies also creasecosts anincreaseefficiencies for the alers anarbitrageurs who provi muof the liquity offereexchanges. Competition forcethem to pass along muof the benefits of their new technologies to buy-si trars in the form of narrower sprea quotefor largersizes. New electronic buy-si orr management systems also creasebuysi trang costs allowing a smaller number of buy-si trars to process more orrs anto process them more efficiently thmanutrars. While electronic trang hha significant effeon equity markets, it hnot hmuof effeon the markets for corporate anmunicipbon. The market structures of corporate anmunicipbonmarkets have hary changesinthe late 19th century. spite the efforts of many creative velopers of electronic bontrang systems, most public investors in these markets still tra largely over the counter with alers Statment 2哪里错了？可以一下吗？中文