One of the Functions of NYSE Specialists Is to Facilitate

question 3

True/False

One of the functions of NYSE specialists is to facilitate trading by keeping an inventory of shares of the stocks in which they specialize,buying when investors want to sell and selling when they want to buy.They change the bid and ask prices of the securities so as to keep supply and demand in balance.

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Definitions:

Delivery Truck

A vehicle specifically designed for transporting goods from one location to another.

Income

The amount of money received over a period of time either as payment for work, goods, or services, or through investments.

Interest Forgone

The potential interest one could have earned on their money if it had been invested rather than spent or kept in a non-interest-bearing account.

MC (Marginal Cost)

The additional cost resulting from the production of one more unit of a product or service.