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Organized Exchanges Are Auction Markets Where Buyers and Sellers Call

Question 117

Multiple Choice

Organized exchanges are auction markets where buyers and sellers call out orders to a specialist on the floor of the exchange, who acts as an intermediary for stocks listed on the exchange by matching open buy and sell orders. This system is referred to as:


A) "Open window"
B) "Open order"
C) "Open cry"
D) "Open system"
E) None of the above

Correct Answer:

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