Question

3. Which one of the following statements is correct concerning the NYSE? a.) The publicly traded shares of a NYSE-listed firm must be worth at least $250 million. b.) The NYSE is the largest dealer market for listed securities in the United States. c.) The listing requirements for the NYSE are more stringent than those of NASDAQ. d.) Any corporation desiring to be listed on the NYSE can do so for a fee. e.) The NYSE is an OTC market functioning as both a primary and a secondary market.

Answer 1

Answer:

c.) The listing requirements for the NYSE are more stringent than those of NASDAQ.  

Explanation:

The correct statement is c. NASDAQ and NYSE both is American stock exchange where share are traded. NYSE is world’s largest stock exchange in terms of market capitalization of listed companies and NASDAQ is second largest stock exchange. The listing requirements for NYSE are stringent and tough. A firm should have atleast $40 million market value of public shares to be listed on NYSE.

Answer 2

Answer:

The correct answer is letter "C": The listing requirements for the NYSE are more stringent than those of NASDAQ.

Explanation:

The New York Stock Exchange (NYSE) and the National Association of Securities Dealers Automated Quotation (NASDAQ) are the two major stock exchanges worldwide. While most of the large and old well-known companies around the world are listed in the NYSE, most technological firms are listed in the NASDAQ.  

The listing entry fee for the NYSE is up to $500,000 while it is from $50,000 to $75,000 in the NASDAQ. Thus, the listing requirements for the NYSE are more stringent than those in the NASDAQ.