The New York Stock Exchange conducts ____ auctions of stocks and bonds in which the auctioneer, called a specialist, manages the market for a particular stock or bond issue.
A)sealed-bid double
B)first-price sealed
C)open-cry double
D)second-price sealed-bid

Question

Quizplus · Accepted Answer

The Answer of The New York Stock Exchange conducts ____ auctions of stocks and bonds in which the auctioneer, called a specialist, manages the market for a particular stock or bond issue.
A)sealed-bid double
B)first-price sealed
C)open-cry double
D)second-price sealed-bid

The New York Stock Exchange Conducts ____ Auctions of Stocks