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Question 11 2 pts Which of the following is NOT true about Payment for Order...

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Question 11 2 pts Which of the following is NOT true about Payment for Order Flow? Dealers pay brokers to send them their customers' orders O By restricting the parameters of the orders they will buy (e.g. only small retail orders) dealers can trade with uninformed traders Dealers use spread in excess of the minimum required to fund their payment for order flow activities There is no way for dealers to avoid adverse selection in payment for order flow Question 12 2 pts The Members Exchange was formed by Wall Street brokers in an effort to reduce trading costs. O True O False

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