NO.PZ2016031001000039
问题如下:
A bond market in which a communications network matches buy and sell orders initiated from various locations is best described as an:
选项:
A.organized exchange.
B.open market operation.
C.over-the-counter market.
解释:
C is correct.
In over-the-counter (OTC) markets, buy and sell orders are initiated from various locations and then matched through a communications network. Most bonds are traded in OTC markets. A is incorrect because on organized exchanges, buy and sell orders may come from anywhere, but the transactions must take place at the exchange according to the rules imposed by the exchange. B is incorrect because open market operations refer to central bank activities in secondary bond markets. Central banks buy and sell bonds, usually sovereign bonds issued by the national government, as a means to implement monetary policy.
考点:OTC
解析:OTC市场,来自不同地方的买卖订单通过network即可进行配对交易,故选项C正确。
如题