The SuperDot System ________

question 25

Multiple Choice

The SuperDot system ________.

• A) is used for small market orders, limit orders, and basket (or portfolio) trades and program trades.
• B) can be used for under 100,000 shares with priority given to orders of 2,100 shares or less.
• C) routes NYSE-listed stock orders electronically directly to a specialist on the exchange trading floor, rather than through a broker.
• D) All of these

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Definitions:

Issue Price

The price at which new securities are sold to the public or investors by the issuer when they are first offered.

Par

The face value of a security as stated by its issuer, distinct from its market value.

Common Stock

A type of security that represents ownership in a corporation, with voting rights and potential for dividends.

Par Value

The stated value of a financial security, such as a bond or stock, as declared by the issuer.