ACI

3I0-013 · Question #181

«Illiquid» describes an instrument which:

The correct answer is A. Does not trade in an active market. See the full explanation below for the reasoning.

Question

«Illiquid» describes an instrument which:

Options

ADoes not trade in an active market
BDoes not trade on any exchange
CCannot be easily hedged
DIs an over-the-counter (OTC) product

How the community answered

(16 responses)

A
75% (12)
B
6% (1)
C
13% (2)
D
6% (1)

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Full 3I0-013 Practice