Multiple Choice
Which of the following statements is FALSE?
A) Limit orders are executed by the specialist when the market price moves to the limit.
B) The NYSE lists stocks throughout the United States and, thus, is not a "national exchange."
C) Overall, the NYSE trading mechanism is an auction-based, order-driven market.
D) The need for "space" for trading floors for the NYSE derives from its trading mechanism, the floor-based specialist system.
Correct Answer:
Verified
Correct Answer:
Verified
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