Discuss any 5 attributes of continuous markets.
Provided that the market is open, the traders are able to trade freely without any restrictions or tough rules that limit them at any time.
In this type of market, the buyers and the sellers are able to place their bids in the process of determining the equilibrium price of the commodities.
The mechanisms of demand and supply determine the price of the commodities.
Buyers and sellers are matched in this kind of market according to the need of the commodities and the price.
When one market is closed, other markets are open for buyers to trade. Buyers and sellers are from diverse backgrounds.
Comments
Leave a comment