Which of the Following Statements Is FALSE

question 26

Multiple Choice

Which of the following statements is FALSE?

• A)On NASDAQ,stocks can and do have multiple market makers who compete with each other.Each market maker must post bid and ask prices in the NASDAQ network where they can be viewed by all participants.
• B)Bid prices exceed ask prices.
• C)Because customers always buy at the ask and sell at the bid,the bid-ask spread is a transaction cost investors have to pay in order to trade.
• D)Prior to 2005,market makers (known on the NYSE as specialists)matched buyers and sellers on the floor of the NYSE.

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Definitions:

Opponent

An individual or group that competes against or is in conflict with another in a particular situation or activity.

Keep The Peace

Efforts or actions taken to maintain order and prevent conflict in a group or area.

Crucial Conversation

A discussion between two or more people where the stakes are high, opinions differ, and emotions run strong.

"I" Statements

A communication technique used to express one's feelings or needs in a non-confrontational manner, focusing on the speaker's perspective.