____ facilitate transactions on the New York Stock Exchange by taking positions in specific stocks; they also stand ready to buy or sell these stocks.
A)Floor brokers
B)Capstone members
C)Specialists
D)None of the above

Question

Quizplus · Accepted Answer

Specialists on the New York Stock Exchange are responsible for facilitating transactions by taking positions in specific stocks and are also ready to buy or sell these stocks. Floor brokers execute trades on behalf of clients, and Capstone members are not a recognized term in the context of the NYSE.

____ Facilitate Transactions on the New York Stock Exchange by Taking