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A Specialist on the NYSE

Question 42

Multiple Choice

A specialist on the NYSE


A) is obliged to fill limit orders if they are more favorable than the specialist's posted bid and ask quotes.
B) is obliged to fill limit orders at the specialist's posted bid and ask quotes.
C) is actually a computer program,not a human.
D) is obliged to fill limit orders if they are more favorable than the specialist's posted bid and ask quotes,and is actually a computer program,not a human.

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