An important feature of over-the-counter markets is their transparency.
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Q24: Maturity transformation is achieved by a liquid
Q25: A market's liquidity is indicated by its
Q26: Strong-form market efficiency implies that security prices
Q27: In the OTC markets the expression 'market
Q28: Under the weak-form of the EMH, the
Q30: Automated trading systems mean that investors no
Q31: Wide bid-ask spreads enhance market liquidity because
Q32: Liquid markets allow investors to follow the
Q33: The bid-ask spread within a market is
Q34: Liquid secondary markets reduce the cost of
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