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Which One of the Following Statements Related to the NYSE

Question 57

Multiple Choice
Which one of the following statements related to the NYSE is correct?
A) Exchange members must purchase trading licenses.
B) NYSE shareholders currently own "seats" on the exchange.
C) Designated market makers buy at the asked price.
D) The NYSE is privately owned by an investment firm.
E) Electronic trading has increased the demand for floor brokers.

Which one of the following statements related to the NYSE is correct?


A) Exchange members must purchase trading licenses.
B) NYSE shareholders currently own "seats" on the exchange.
C) Designated market makers buy at the asked price.
D) The NYSE is privately owned by an investment firm.
E) Electronic trading has increased the demand for floor brokers.

Correct Answer:

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