Question: The term latency refers to the _ _ _ _ _ _ _ _ _ _ blank. Multiple Choice time it takes to implement new

The term latency refers to the __________blank.
Multiple Choice
time it takes to implement new rules and procedures for stock exchanges and computer trading systems.
amount of time it takes to accept, process, and deliver a trading order.
lag between when an order is executed and when the investor takes possession of the securities.
lag between when an order is placed on the NYSE and when it is executed.

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