Unlike the Early Stock Exchanges, National Association of Securities Dealers

Multiple Choice

Unlike the early stock exchanges, National Association of Securities Dealers Automated Quotation System (NASDAQ) has never:

A) maintained a physical trading location where dealers meet to trade securities.
B) listed stocks of large, well-known firms.
C) established formal listing requirements.
D) used a computerized network to trade securities and to allow traders to bypass the market makers.