Approximately __________ of trades involving shares issued by firms listed on the New York Stock Exchange actually take place on

Question

yulyashka [42]

3 years ago

6

Approximately __________ of trades involving shares issued by firms listed on the New York Stock Exchange actually take place on

the New York Stock Exchange.
a. 50%
b. 75%
c. 80%
d. 95%

Business

1 answer:

lianna [129] · Answer 1 · 2022-03-27T22:35:50+03:00

Answer:

The correct answer is letter "B": 75%.

Explanation:

The New York Stock Exchange (<em>NYSE</em>) is the largest, oldest and best-known stock exchange in the world. A stock exchange is a regulated auction market where stocks, bonds, and other securities are bought and sold. The total value of all outstanding shares of the NYSE listed companies is unmatched. Its listings feature some of the world's largest and best-known corporations.

Almost 1,5 billion shares (<em>around 75% of the total market transactions</em>) are traded in the NYSE every day.