Which of the Below Statements Is FALSE

question 8

Multiple Choice

Which of the below statements is FALSE?

• A) The NYSE defines block as trades of either at least 10,000 shares of a given stock or trades of shares with a market value of at least $200,000.
• B) When sales traders find enough institutions to take an entire block, then the balance of the block trade order is given to the brokerage firm's market maker.
• C) Program trades involve the buying and/or selling of a large number of names simultaneously.
• D) The two major applications of program trades are asset allocation and index arbitrage.

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Definitions:

Kelly's 11 Constructs

A reference to the 11 core constructs outlined by psychologist George Kelly to categorize an individual's personal system of viewing the world, part of his theory of personality.

Erikson's 8 Lifespan Phases

A psychoanalytic theory proposed by Erik Erikson that outlines eight stages of psychosocial development, each characterized by a central conflict that individuals must resolve to develop a healthy personality.

Cognitive Psychology

A branch of psychology focused on the study of mental processes such as perception, memory, thought, and problem-solving.

Role Construct Repertory Test

A psychological test developed by George Kelly to examine the systems of personal constructs with which an individual interprets experiences.