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Ne4ueva [31]
3 years ago
8

. Most trades on the NYSE are executed: Select one: a. by floor brokers on the exchange floor. b. by designated market makers of

the floor of the exchange. c. bydealers. d. independent brokers on the exchange floor. e. electronically.
Business
2 answers:
Evgen [1.6K]3 years ago
6 0

Answer: e. electronically

Explanation:

The New York Stock Exchange until 2007 used the Open Outcry method. This refers to shouting and the use of hand signals to pass on information about trades to be executed.

In 2007, they switched to a Hybrid System that involved both Open Outcry and Electronic trading. Today more than 80% of stock on the NYSE are traded Electronically but trading on the floor still remains. Investors are free to choose whichever method they prefer.

Likurg_2 [28]3 years ago
5 0

Answer:

Most trades on NYSE are executed electronically. Brokers can still make trades manually, but the majority of trades today are executed through the exchange's electronic systems.

Explanation:

A Floor trader is someone who who owns a trading license and buys and sells for his or her personal account, an individual on the floor of the NYSE.

A designated market maker is one who acts as a dealer in one or more securities on the floor of the NYSE.

A dealer is one who maintains an inventory from which he or she buys and sells securities.

A broker is an agent who arranges a transaction between a buyer and a seller of equity securities.

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