CFA Level I sample question

CFA Level I Market Organization and Structure question

Equity Investments / Market Organization and Structure

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Market Organization and Structure sample question

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Equity Investments

Market Organization and Structure

A security trades in a market where dealers continuously post bid and ask prices from their own inventories. A client submits a market order during a fast market after the displayed ask changes sharply. The trade execution is most accurately described as occurring in a:

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