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Question

Before BOLT was introduced in 1995, people used to trade standing in the trading ring.

A
True
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B
False
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Solution

The correct option is A True
Before BOLT was introduced in 1995, people used to trade standing in the trading ring- this is a true statement. BOLT is launched by Bombay Stock Exchange. It can be defined as the equity trading platform. Trading ring is the traditional practice of price discovery and trade standing.

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