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Unlike the Early Stock Exchanges, National Association of Securities Dealers

Question 102

Multiple Choice

Unlike the early stock exchanges, National Association of Securities Dealers Automated Quotation System (NASDAQ) has never:


A) maintained a physical trading location where dealers meet to trade securities.
B) listed stocks of large, well-known firms.
C) established formal listing requirements.
D) used a computerized network to trade securities and to allow traders to bypass the market makers.

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