问题 单项选择题

The Standards of Professional Conduct relating to market manipulation prohibits members from:()

A. securing a controlling, dominant position in a financial instrument to exploit and manipulate the price of a related derivative and/or the underlying asset.

B. undertaking transactions on legitimate strategies based on perceived market inefficiencies.

C. both securing a controlling, dominant position in a financial instrument to exploit and manipulate the price of a related derivative and/or the underlying asset and undertaking transactions on legitimate strategies based on perceived market inefficiencies.

答案

参考答案:A

解析:

禁止市场操纵的标准并不是用来阻止交易的,而是基于认识到市场缺乏效率而采取的正当的交易策略,所以行为的目的是判断是否违反该标准的重点。市场操纵分为信息上的操纵和交易上的操纵。

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