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Basic Question 7 of 10

Which party provides liquidity in quote-driven markets?

A. Dealers
B. Brokers
C. Public traders

User Contributed Comments 1

User Comment
johntan1979 Quote-driven: A
Order-driven: A and C
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

describe how securities, contracts, and currencies are traded in quote-driven, order-driven, and brokered markets

CFA® 2025 Level I Curriculum, Volume 3, Module 1.