Solved

You Recently Contacted a Brokerage Firm and Purchased 100 Shares

Question 19

Multiple Choice

You recently contacted a brokerage firm and purchased 100 shares of stock.The brokerage firm acquired the shares for you by making a deal with a floor broker who represented one of the stock issuer's shareholders.Given this,you know your purchase:


A) was conducted in the secondary market.
B) occurred over-the-counter.
C) was for shares of a stock listed on NASDAQ.
D) occurred on an ECN.
E) involved the issuance of new shares.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions