Which characteristic is not true of electronic communication networks (ECNs)? automatically match buy and sell orders at specific prices via computers

Finance Dec 22, 2020

Which characteristic is not true of electronic communication networks (ECNs)? automatically match buy and sell orders at specific prices via computers. O have forced organized security exchanges to make significant changes in their operations and structures. O have increased the cost of trading. none of these options are false.

Expert Solution

First two statement is true only the third statement is false which is stating that the ECNs have increased the cost of trading but in reality it is opposite ECNs have drastically decreased the cost of trading. Thus the correct answer is option C.

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