SIE Exam Question 992: Answer and Explanation

Question: 992

Which of the following is a computerized subscriber service that serves as a vehicle for the fourth market by permitting subscribers to display bids and offers and execute trades electronically?

• A. ECN
• B. EMMA
• C. Instinet
• D. NSCC

Correct Answer: C

Explanation:

The Instinet is a computerized subscriber service that serves as a vehicle for the fourth market by permitting subscribers to display bids and offers and execute trades electronically.