Which one of the following statements related to the NYSE Hybrid market is correct?
A)Floor brokers operate both electronically and in person.
B)The Hybrid system replaces the market specialists.
C)The automated system works better than the specialist for stocks with minimal liquidity.
D)The automated system will only replace the specialist in times of market duress.
E)Investors can automatically trade an unlimited number of shares.

Question

Quizplus · Accepted Answer

Floor brokers in the NYSE Hybrid market operate both electronically and in person. The system combines both electronic and human elements, allowing for greater flexibility in trading. The market specialists still play an important role in the market, but they work alongside the electronic trading platform.

Which One of the Following Statements Related to the NYSE