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Financial Market — Business Studies STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesFinancial Market3 Marks
Question
What are the advantages of screen based trading system?
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Answer

The advantages of screen based trading system are as follows:
  1. It ensures transparency as it allows participants to see the prices of securities in the market.
  2. It helps in fixing the prices efficiently, because of efficiency of information being passed on.
  3. There is a reduction in time, cost and risk of error because of increased efficiency.

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