____ are required to maintain a fair and orderly market in the securities assigned to them on the New York Stock Exchange.
A)Specialists
B)Floor brokers
C)Dealers
D)Market-makers
E)None of the above

Question

Quizplus · Accepted Answer

Specialists are market professionals who are responsible for maintaining a fair and orderly market in the securities assigned to them on the New York Stock Exchange. They do this by maintaining an inventory of securities and using their knowledge and expertise to match buyers and sellers to ensure a fair and efficient price for the securities being traded. Floor brokers and dealers may also play a role in executing trades on the exchange, but specialists are specifically designated to maintain market order for their assigned securities. Market-makers may be used in other exchange systems, but are not specifically relevant to the New York Stock Exchange.

____ Are Required to Maintain a Fair and Orderly Market