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.

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Definitions:

Fraction

A mathematical expression representing a part of a whole or a part of a group by using two numbers, the numerator over the denominator.

Equivalent Fractions

Fractions that represent the same part of a whole, even though they have different numerators and denominators.

Mixed Number

A number consisting of an integer and a proper fraction.

Improper Fraction

A fraction where the numerator is greater than or equal to the denominator, representing a value greater than or equal to one.