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Which of the equity exchanges operates a quote-driven model?
Suggested Answer: B
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26 comments · newest first
BI
Billy
6 months ago
True, but NYSE is more order-driven, I believe.
DE
Delsie
6 months ago
But what about NYSE? It’s also popular.
YO
Youlanda
6 months ago
Agreed! Quote-driven model fits NASDAQ.
TH
Theola
6 months ago
I think it's NASDAQ. Feels right.
AS
Ashley
7 months ago
I always thought NYSE was the main player here.
BU
Burma
7 months ago
Nope, it's definitely NASDAQ. No doubt there!
NI
Nichelle
7 months ago
Wait, are we sure about that? I thought LSE had a similar setup.
JO
Johna
7 months ago
Totally agree, NASDAQ is all about quotes.
AL
Alpha
7 months ago
NASDAQ is the one with the quote-driven model!
ME
Merilyn
7 months ago
Haha, I'm just going to guess D) Euronext and hope for the best. Who needs to actually know how stock exchanges work?
CA
Carmelina
8 months ago
Wait, isn't the quote-driven model the one where traders shout at each other? I'm pretty sure that's the NYSE.
RO
Rosann
8 months ago
Hmm, I thought the NYSE was the one with the quote-driven model. Guess I need to brush up on my stock exchange knowledge.
DO
Dorothea
8 months ago
C) LSE is the correct answer. It uses a quote-driven model.
DE
Denae
9 months ago
B) NASDAQ operates a quote-driven model.
CO
Cornell
9 months ago
I thought the NYSE was more order-driven, so that rules it out. I guess it’s between NASDAQ and Euronext for me.
TH
Theron
9 months ago
I’m leaning towards NASDAQ too, but I recall that Euronext has some quote-driven aspects as well. It's confusing!
DE
Devorah
9 months ago
I practiced a question like this, and I believe the LSE might be the answer, but I could be mixing it up with another exchange.
JO
Joseph
9 months ago
I think the NASDAQ operates a quote-driven model, but I’m not entirely sure. I remember something about it being different from the NYSE.
LE
Leeann
10 months ago
I think the key is understanding whether the exchange uses market makers to provide liquidity, or if it's an order-matching system. That should help me narrow down the right answer.
LE
Lenna
10 months ago
I'm a bit confused on the differences between the exchanges. Maybe I should quickly review my notes on market microstructure before answering this.
JA
Jaclyn
10 months ago
I'm pretty confident the NASDAQ is a quote-driven market, but I'll double-check the other options to be sure.
VA
Valentine
10 months ago
Okay, I know the NYSE uses a specialist system, so that's probably a quote-driven model. I'm less sure about the others though.
TE
Teresita
10 months ago
Hmm, I think this is asking about the market structure of different exchanges. I'll need to remember the key differences between quote-driven and order-driven models.
YO
Yolande
4 months ago
NYSE is more order-driven, isn't it?
QU
Quentin
4 months ago
Yeah, I think you're right!
ER
Erick
6 months ago
I believe NASDAQ is quote-driven.