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Trades on the NYSE Are Generally Completed by Having a Brokerage

question 15

True/False

Trades on the NYSE are generally completed by having a brokerage firm acting as a "dealer" buy securities and adding them to its inventory or selling from its inventory. The Nasdaq, on the other hand, operates as an auction market, where buyers offer to buy, and sellers to sell, and the price is negotiated on the floor of the exchange.


Definitions:

Quantity Supplied

Refers to the amount of a certain good or service that producers are willing and able to sell at a given price.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level in a market.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price within a specific time period.

Quantity Demanded

The aggregate quantity of a product or service that customers are prepared to buy at a specified price in a marketplace.

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