Which One of the Following Statements Concerning Stock Trades Is

question 97

Multiple Choice

Which one of the following statements concerning stock trades is correct?

• A) Brokerage firms send customer orders to a market maker on the floor of the NYSE.
• B) Confirmation of a trade is transmitted directly from the NYSE to the customer who placed the order.
• C) A broker transmits OTC orders from a customer directly to a floor broker in the OTC market.
• D) Brokerage firms generally hold securities in street name so they can be transferred without the customer's signature.

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Definitions:

Change Agent

Tries to change the behaviour of another person or social system.

Performance Gap

A discrepancy between the desired and actual state of affairs.

Performance Gap

The difference between actual performance and desired or expected performance, often identified as an area for improvement.