The Open Market Trading Desk is
A)another name for the Federal Open Market Committee.
B)an organization of private traders in government securities.
C)the area on the floor of the New York Stock Exchange set aside for bond trading.
D)a group of bond traders at the Federal Reserve Bank of New York.

Question

Quizplus · Accepted Answer

The Open Market Trading Desk is a group of bond traders at the Federal Reserve Bank of New York who are responsible for implementing monetary policy through the buying and selling of government securities in the open market.

The Open Market Trading Desk Is