The primary purpose of an auction market is to:
A) Offer new shares of stock to the general public.
B) Handle private placements of shares of stock.
C) Provide a market place for dealers.
D) Provide electronic trading for dealers.
E) Match buyers with sellers.

Question

Quizplus · Accepted Answer

The primary purpose of an auction market is to match buyers with sellers, facilitating the exchange of securities by determining the price through supply and demand dynamics.

The Primary Purpose of an Auction Market Is To