What are electronic communication networks (ECNs)? Generally speaking, are they currently part of the operations of the New York Stock Exchange and the NASDAQ Stock Market?
Answer to relevant QuestionsWhy is secondary trading in the security markets important?If a company was looking for capital by way of a private placement, where would it look for funds?How does the bond rating affect the interest rate paid by a corporation on its bonds?What is the purpose of cumulative voting? Are there any disadvantages to management?Differentiate between the spot exchange rate and the forward exchange rate.
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