The orders displayed on NASDAQ are placed by:
A)individuals on ECNs only.
B)market makers only.
C)both market makers and individuals on ECNs.
D)brokerage firms.
E)floor brokers.

Question

Quizplus · Accepted Answer

Orders on NASDAQ are placed by both market makers and individuals on ECNs. Market makers are firms that facilitate trading by providing liquidity by buying and selling securities. Individuals on ECNs, on the other hand, are traders who use electronic communication networks to buy and sell securities. Therefore, both market makers and individuals on ECNs can place orders on NASDAQ.

The Orders Displayed on NASDAQ Are Placed By