NO.PZ2018062002000089
问题如下:
If the time lag between when an order to trade a security is placed and when the order is executed increases, how does the market efficiency changes correspondingly?
选项:
A.Market efficiency decreases.
B.Market efficiency stays the same.
C.Market efficiency increases.
解释:
A is correct.
If the time lag between when an order to trade a security is placed and when the order is executed increases, it is an indication that operating inefficiencies increases and it reduces market efficiency.
考点:Efficient Capital Market And Its Forms
题目问的是:一个交易指令,从下单到执行,这个之间的时间间隔延长了,说明什么? 它说明市场的efficiency在下降。
这里说的是如果交易从下单到真正被执行中时间的延迟增加,为什么说明市场有效性下降?谢谢