Which of the following statements regarding broker markets is true?
A) In a broker market, buy/sell orders are executed separately through securities dealers.
B) A key feature of the broker market is that it doesn't have centralized trading floors.
C) The biggest broker market is made up of a select list of stocks that are traded on the National Association of Securities Dealers Automated Quotation System (Nasdaq).
D) Broker markets account for about 40% of all shares traded in the U.S. market.
E) The broker market consists of national and regional "securities exchanges."

Question

Quizplus · Accepted Answer

Broker markets consist of national and regional securities exchanges where brokers facilitate the buying and selling of securities on behalf of their clients.

Which of the Following Statements Regarding Broker Markets Is True