Which of the Following Statements Regarding Broker Markets Is True

Multiple Choice

Which of the following statements regarding broker markets is true?

A) In a broker market, buy/sell orders are executed separately through securities dealers.
B) A key feature of the broker market is that it doesn't have centralized trading floors.
C) The biggest broker market is made up of a select list of stocks that are traded on the National Association of Securities Dealers Automated Quotation System (Nasdaq) .
D) Broker markets account for about 40% of all shares traded in the U.S. market.
E) The broker market consists of national and regional "securities exchanges."