When a Trade Occurs in a Securities Exchange

question 70

Multiple Choice

When a trade occurs in a securities exchange:

• A)the buyer purchases directly from the seller.
• B)the dealer executes the trade.
• C)an investment banker arranges the trade.
• D)the Securities Exchange Commission executes the trade.
• E)the central bank guarantees the sale.

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Definitions:

Dissenters' Rights

Legal provisions that allow shareholders to object to certain corporate actions, typically offering them a right to receive payment for their shares.

National Securities Exchange

A securities exchange registered with the SEC, adhering to governmental standards and regulations for trading securities.

Substantially All

A term used in legal and finance contexts to indicate a majority or near-total portion of an asset, company's assets, or activity.

Approved

Officially accepted or sanctioned by an authoritative body, indicating compliance with specified requirements or standards.