Series 7 - General Securities Representative Exam
A large trader calls his registered rep and wants to sell 300,000 shares of Nasdaq listed company ZYX corp and directs the trade to the IBKR ECN for execution. Which of the following statements is true?
The order must go to NasdaqA
The order must go the IBKR ECNB
The order can go to either market venueC
The order must be filled immediatelyD
The order must be sent to the trading venue that the customer specifies