Floor brokers on the New York Stock Exchange
A) Use their membership to buy and sell for their own account.
B) Are employees of a member firm and buy and sell for customers of the firm.
C) Handle limit and other orders placed by other brokers.
D) Act as brokers for other members.
E) Maintain a fair and orderly market.

Question

Quizplus · Accepted Answer

Floor brokers on the New York Stock Exchange act as brokers for other members, executing trades on behalf of other brokers who may not be present on the trading floor.

Floor Brokers on the New York Stock Exchange