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:

Sole Practitioner

A professional, especially in fields like law or medicine, who operates their practice alone without partners or associates.

Referral Scenarios

Situations or cases where a professional identifies that a client may benefit from specialized services or support not provided by the current professional, leading to a referral to another professional or service.

Potential Danger

A situation or condition that could possibly cause harm or adverse effects.

Vicarious Trauma

Trauma experienced indirectly, through exposure to details of traumatic events affecting others, often observed in professionals working with trauma victims.