This that no one remembers

CFA Level III
#1

Exhcanges Crossing Networks vs ECN, Advantages disadvantages, different type of markets: order driven… ect… :slight_smile: Will have to review this one

#2

how about implementation shortfall? of the 5% that remember, by my math 95% don’t (i’m in camp 2 for now).

#3

for some reason i know this coldd… like i give a SH*t though… I would prefer to know currencies and cross-currency swaps cold…

#4

Exchanged crossing network: Provide price discovery, identities remain confident ECN: No price discovery, identities reamin confident This is fun, LI was one thing, LII was another, this is LIII: Order Driven: market maker Quote Driven: dealer

#5

ws Wrote: ------------------------------------------------------- > Exchanged crossing network: Provide price > discovery, identities remain confident > ECN: No price discovery, identities reamin > confident > > This is fun, LI was one thing, LII was another, > this is LIII: > Order Driven: market maker > Quote Driven: dealer it is the other way around for ECN ann Excahgned crossing network Also in exchange corssing network orders are crossed at specified time

#6

^Unless you mean exchanged crossing network as automated auction market.

#7

Quote Driven: Dealers, Market makers Order Driven: No intermediate dealers. NYSE is hybrid: Order Driven: New york book Dealer: Specialist Automated: Ecn Electronic crossing network is no price discovery, Ecn: price discovery

#8

Electronic Crossing Networks: Type of Order Driven Markets Trader is institution Anonymity No price discovery Partial Fills ECN (Electronic Comm Networks): Type of Automated Auctions which are type of Order Driven Markets e.g. Island & Archipelago Anonymity Price discovery as they are auction markets

#9

Currency management for all the college football fans BCS *Goose is still wandering around, stupid thing jumped out in front of my car this morning and I almost hit it.