In a Broker Market Such as the NYSE, the Broker

Multiple Choice

In a broker market such as the NYSE, the broker

A) will not be able to execute a trade if there are no matching buy and sell offers.
B) will act as either broker or dealer depending on which will maximize his or her profit.
C) will first attempt to sell from his or her own inventory.
D) must attempt to match sellers and buyers at the mid-point of the bid/ask spread.