a) Explain the differences between order-driven and price-driven trading systems b) Should the Australian Securities Exchange (ASX)

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a) Explain the differences between order-driven and price-driven trading systems

b) Should the Australian Securities Exchange (ASX) be open around-the-clock for 24-hour trading? Discuss

c) Detail the link between the efficient market hypothesis and behavioral finance. How can behavioral finance explain the existence of market anomalies? Discuss with (an) example(s)

d) 1. Discuss how short-selling practices can affect the degree of market efficiency.

2. Is short-selling ethical? Discuss.

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Accounting Texts and Cases

ISBN: 978-1259097126

13th edition

Authors: Robert Anthony, David Hawkins, Kenneth Merchant

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Posted Date: May 15, 2024 11:42 PM

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a) Explain the differences between order-driven and price-driven trading systems b) Should the Australian Securities Exchange (ASX)

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Expert Answer:

a Orderdriven and pricedriven trading systems are two different methods of executing trades in financial markets Orderdriven system In this system trades are executed based on the orders placed by mar... View the full answer

Accounting Texts and Cases

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