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Regarding an exchange trading system, wh...

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题目

Regarding an exchange trading system, which of the following statements is an advantage? On an exchange system:

选项

A.Terms are not specified.

B.Trades are made in such a way as to reduce credit risk.

C.Participants have flexibility to negotiate.

D.In the event of a misunderstanding, calls are recorded between parties.

答案

B

解析

Exchanges are organized to reduce credit risk. The other answer choices are advantages of over-the-counter trading.交易所的是为了降低信用风险。其他选项是场外交易的优势。