Which One of the Following Statements Related to the NYSE

question 98

Multiple Choice

Which one of the following statements related to the NYSE Hybrid market is correct?

• A)Floor brokers operate both electronically and in person.
• B)The Hybrid system replaces the market specialists.
• C)The automated system works better than the specialist for stocks with minimal liquidity.
• D)The automated system will only replace the specialist in times of market duress.
• E)Investors can automatically trade an unlimited number of shares.

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Definitions:

Convert

To change the form, character, or function of something to another state or type, often referring to assets or data transformation.

Stolen Bearer Instrument

A negotiable financial instrument that was unlawfully taken from its rightful owner and is payable to whoever holds the document.

Innocent

The state of being not guilty of a crime or other wrong act.

Negotiation

The process by which two or more parties engage in discussions to reach a mutually agreed-upon outcome.