One of the functions of NYSE specialists is to facilitate trading by keeping an inventory of shares of the stocks in which they specialize, buying when investors want to sell and selling when they want to buy.They change the bid and ask prices of the securities so as to keep supply and demand in balance.

Question

Quizplus · Accepted Answer

This statement accurately reflects the function of NYSE specialists. They hold an inventory of shares and help to facilitate trading by adjusting prices to maintain balance between supply and demand.

One of the Functions of NYSE Specialists Is to Facilitate