The member of the New York Stock Exchange who acts as a dealer on assigned stocks is known as a
A) registered trader.
B) commission broker.
C) registered broker.
D) floor broker.
E) specialist.

Question

Quizplus · Accepted Answer

The specialist is the member of the New York Stock Exchange who acts as a dealer on assigned stocks. They are responsible for maintaining orderly trading in specific stocks and for facilitating buy and sell orders. Registered traders, commission brokers, registered brokers, and floor brokers all have different roles and responsibilities on the trading floor, but they are not specifically designated to act as dealers on assigned stocks like specialists are.

The Member of the New York Stock Exchange Who Acts