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labwork [276]
4 years ago
12

One of the major differences between the New York Stock Exchange (NYSE) and the over-the-counter (OTC) markets is that in the NY

SE, designated market markers make markets and floor brokers act as agents for their customers, while in the OTC, dealers make markets and brokers act as agents for their customers.
True

False
Business
1 answer:
kompoz [17]4 years ago
3 0

Answer:

The statement is: True.

Explanation:

There are several differences between trading through a security exchange market and Over-The-Counter (<em>OTC</em>). One of them is that there is a regulator while trading in an exchange market which is merely the exchange such as NYSE or NASDAQ that sends the investors transactions through market makers that are offered by brokers -intermediaries between the market securities and investors. The OTC market does not have regulators. In fact, most securities trading OTC are mostly companies that do not meet major exchange requirements.

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Because customers have different needs and expectations, the key to distributive fairness in service recovery is
denpristay [2]

Answer:

Because customers have different needs and expectations the key distributive fairness in

resolve the problem quickly.

7 0
3 years ago
How is a job different from a career?
elena-14-01-66 [18.8K]

Explanation:

A job is something that you do for pay or money. On job, you do a specific set of tasks according to your job title. Whereas a career is a series of jobs or occupation that you do throughout your life. Series of jobs make your career.

Now in this question, is Amelia wants to open up her own day care center, she should join an internship program at a well organized day care center while studying, in order to have a first hand knowledge about baby sitting and the requirements of opening and operating a day care. This would give her idea about some minute details of the day care center and will make her settling her career easily.

8 0
3 years ago
When China reformed state-owned enterprises, it tried a new approach to choosing managers: it put managerial jobs up for auction
BartSMP [9]

Answer:

True

Explanation:

Winner curse is a situation where the bidder win the bid in an auction that exceeds the true worth or intrinsic value of the item auctioning. In the given scenario the inside managers bid for realistic performance. The outside managers tend to bid for higher performance to get the job. They does not seem to be realistic.

8 0
4 years ago
A trader sold short a cotton futures contract @ 76.98 cents per pound. Contract size is 50,000 pounds. How much does the trader
shutvik [7]

Answer:

$6360

Explanation:

Contract value when the trader sold short = 76.98c * 50000 = $38,490

Contract value when he closed out his contract = 64.26c * 50000 = $32,130

Since the trader had sold short, he is speculating that the price of the futures contract will go down. The value of the contract did go down (in the traders favor) so the difference in value when he sold short and when he closed out his contract will be the profit gained in dollars. Please note that the initial futures prices are quoted in cents and would need to be converted to dollars by dividing by 100c i.e. 3,213,000c = $32,130

Therefore the profit made by the trader in dollars is $38,490 - $32.130 = $6360

3 0
3 years ago
In which markets do investors sell shares of those company in countries and cities around the world?
Romashka-Z-Leto [24]

In the world share market investors could sell their shares.

4 0
3 years ago
Read 2 more answers
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