The Open Market Trading Desk Is

question 52

Multiple Choice

The Open Market Trading Desk is

• A)another name for the Federal Open Market Committee.
• B)an organization of private traders in government securities.
• C)the area on the floor of the New York Stock Exchange set aside for bond trading.
• D)a group of bond traders at the Federal Reserve Bank of New York.

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Definitions:

Promoters

Individuals or companies that are involved in the planning and establishment of a company, or those who actively support or recommend something.

Stock Dividend

A distribution of additional shares to shareholders at no extra cost, based on the number of shares they already own.

Corporation's Assets

Resources owned by a corporation that have economic value and can contribute to the company's future income and benefits.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting liabilities, representing ownership interest held by shareholders.