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One of the Functions of NYSE Specialists Is to Facilitate

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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.


Definitions:

Organization

A structured group of individuals working together to achieve collective goals through coordinated activities.

Older People

Individuals in the latter part of their life, often considered to be beyond the middle age, and experiencing the effects of aging.

Ethical

Pertaining to moral principles or the branch of knowledge dealing with moral questions, often guiding conduct.

Young

Having lived or existed for a short period of time; typically used to describe people at an early stage of life or organizations, products, or ideas that are newly established.

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