D: On the basis of the Specialist quote and the order book situation stipulated at the end of the freeze phase. I dont have a clue what to get him. A B C D A: Mutual funds B: Exchange traded funds C: Bonds D: Equities 2-068 Which statements regarding the Continuous Auction trading model are not correct? Targets of exchange trading are enhanced market transparency, greater liquidity, reducing of transaction costs and security against manipulation. C: Participation in auctions and volatility interruptions. B: During this pre-call phase the order book is open with a depth of 1, i. B: For each security in continuous trading with intraday auctions, which is included in a market making strategy, an admission as market maker is required. April 2007 Greater speed through split market data streams and increased caching, better transparency 8.
D: In both trading models orders are valid good for day only. Issuer and trading participant requirements for a modern trading venue, along with increasing national and international competitive pressure as well as current regulatory and market developments have, in particular, called presence trading into question. D: can be entered into the system anytime. A A: In case of technical problems. . D: Stop orders are visible in the order book for all market participants. C: Enter an adjusted indicative quote and start the freeze phase only after a period of 15 minutes.
C: If one of the involved traders had announced the cross trade or pre-arranged trade to trading surveillance office. F True False 2-089 Provided that a Special Auction is scheduled, it is performed once a day. For some time now, the specialist model has been successfully used for trading structured products on Scoach as well as in fund trading on Xetra. If you'd rather shop, visit St. C: German Federal Financial Supervisory Authority BaFin. F True False 2-093 There are no Single auctions in the Continuous Auction Specialist model. December 2014 Expanded risk management functions 16.
B: Selected shares, bonds, Exchange Traded Funds and Exchange Traded Products. These include volatility interruption, market order interruption, and liquidity interruption measures. Over 200 trading participants from 16 European countries, plus and the , are connected via Xetra servers in. D: closed during the post-trading phase. C: They must have a predefined miminum volume.
A B C D A: They can have a volume equal to or higher than zero. A A: Issuer B: Trading Surveillance Office C: Issuer together with the Specialist D: Market Supervision 1-014 Which of the following statements is not applicable for Quote Providers in structured products? B: If the security is suspended from trading. C: Immediate display of stop buy orders if they have reached the ask limit of the indicative quote. D A: At the highest bid or lowest ask limit in the order book. C: If the volume of the order is reduced.
D A: Order entry on behalf of other trading participants. B: In case of securities traded in Continuous Auction, the Mistrade application shall be submitted within one trading hour upon receipt of the execution confirmation. As to what to get him, good question. B: The volume discovery order builds on the functionality of the iceberg order. D A: Adoption of the Exchange Rules.
B A: 180 B: 181 C: 182 D: None of the above 2-052 During continuous trading, an incoming buy order encounters an order book which only contains limit orders on the opposite side. B: They shall guarantee the staff, technical and financial resources necessary for fulfilment of the quotation duty. Several tools can be a useful help for your investment decision, such as a yield calculator, apps for iPhone and Android, the open Xetra order book. D: If the phase crossing is active in the trading system. As soon as a smooth transition to the specialist model has been ensured, the Exchange Council will discuss moving up the planned 28 March 2012 transition period deadline to end floor trading. The Exchange Council is the highest controlling and supervisory body of a stock exchange. B: In the general terms and conditions for Xetra.
C D A: Trading participants cannot enter orders. C: In case of a suspension of the repurchase of funds by their issuer. B A: Orders generated through algorithmic trading have to be marked. D: The Quote Provider is able to identify the originator of an order. Furthermore, the trading technology of Xetra has also been in use at the since November 1999. D: All of the above mentioned requirements. I told him I would think about it, but I really don't know, because I wouldn't know what to get him.