Which of the Following Statements Regarding the Specialist Are True

question 65

Multiple Choice

Which of the following statements regarding the specialist are true?

• A) Specialists maintain a book listing outstanding, unexecuted limit orders.
• B) Specialists earn income from commissions and spreads in stock prices.
• C) Specialists stand ready to trade at quoted bid and ask prices.
• D) Specialists cannot trade in their own accounts.
• E) Specialists maintain a book listing outstanding, unexecuted limit orders, earn income from commissions and spreads in stock prices, and stand ready to trade at quoted bid and ask prices.

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