You recently contacted a brokerage firm and purchased 100 shares of stock.The brokerage firm acquired the shares for you by making a deal with a floor broker who represented one of the stock issuer's shareholders.Given this,you know your purchase:
A)was conducted in the secondary market.
B)occurred over-the-counter.
C)was for shares of a stock listed on NASDAQ.
D)occurred on an ECN.
E)involved the issuance of new shares.

Question

Quizplus · Accepted Answer

The purchase was made through a floor broker who represented a shareholder, indicating that it was made in the secondary market.

You Recently Contacted a Brokerage Firm and Purchased 100 Shares