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A Trading Floor Broker

Question 38

Multiple Choice

A trading floor broker:


A) is an NYSE member who trades on the floor for his or her personal account.
B) executes orders on behalf of commission brokers in exchange for a fee.
C) executes customers' orders in exchange for a commission.
D) trades a limited number of securities and is obligated to maintain an orderly market for those securities.
E) is any party who owns an NYSE trading license.

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