Question: Which is NOT correct regarding continuous double auction? A. Execution follows price-time priority B. Existing bids are always at lower prices than existing asks C.
Which is NOT correct regarding continuous double auction?
A. Execution follows price-time priority
B. Existing bids are always at lower prices than existing asks
C. Trades occur when bid and ask cross
D. To buy the security, the trader needs to submit an ask order
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