An Individual on the Floor of the NYSE Who Owns

question 24

Multiple Choice

An individual on the floor of the NYSE who owns a trading license and buys and sells for his or her personal account is called a:

• A) floor trader.
• B) exchange customer.
• C) specialist.
• D) floor broker.
• E) market maker.

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Definitions:

Practical Wisdom

The ability to make the right decisions in everyday life by applying moral values and rational thought.

Fundamental Principles

The basic or core ideas, values, or laws that form the foundation for a system or theory.

Specific Actions

Concrete, individual acts or behaviors taken in a particular context, often evaluated in terms of their morality, legality, or effectiveness.

Forms of Life

Philosophical concept highlighting the diverse ways in which living beings organize their activities and interact with their environment.