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Which of the Following Is Not a Characteristic of All

Question 8

Multiple Choice

Which of the following is not a characteristic of all auction stock exchanges in the U.S.?


A) There is a central marketplace.
B) Stocks that are traded on the exchange must meet certain listing requirements, determined by the exchange.
C) In order to conduct a trade on the exchange, a broker must be a member of the exchange or hold a license to trade on the exchange.
D) If a stock is listed on one of these exchanges, it is not permitted to be listed on any other exchange.

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