Which of the following is NOT a characteristic of an organized exchange?
A) It functions as a primary market
B) Securities are bought and sold in an auction market by brokers acting as agents for buyers and sellers in a central location
C) It may be either national or regional
D) It has a central location where all trading takes place
E) It functions as a secondary market
Correct Answer:
Verified
Q74: A person who is registered to trade
Q75: The _ is a futures market for
Q76: Dual trading creates the following benefit:
A)it improves
Q77: _ has two major functions: to handle
Q78: The major exchange for warrants, options, and
Q80: Full disclosure of all pertinent investment information
Q81: A house broker is one who:
A)is registered
Q82: Initial and annual listing fees are highest
Q83: One of the functions of a specialist
Q84: What are ECNs?
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