Chapter 1 Learnsmart 8.3
Someone who maintains an inventory of stocks and buys and sells those stocks is known as a ___.
Dealer
Stock price reporting has increasingly moved from traditional print media to the ___ in recent years.
Internet
Fundamentally, the business of the NYSE is to attract and process ___.
Order flow
The two most important stock markets in the U.S. are the NYSE and ___?
the NASDAQ
NASDAQ has which of these features?
*Multiple market maker system *Computer network for securities dealers
The NYSE differs from the NASDAQ primarliy becuase the NYSE has:
*Specialists *An auction market *A physcial location
A person who brings buyers and sellers together is called a(n) ___.
Broker
The largest number of NYSE members are registered as ___.
Commision Brokers
Which of the following occurs in the primary market?
Newly-issued starks are initally sold