A DMM Is A(n)

question 24

Multiple Choice

A DMM is a(n) :

• A)employee who executes orders to buy and sell for clients of his or her brokerage firm.
• B)individual who trades on the floor of an exchange for his or her personal account.
• C)NYSE member who functions as a dealer for a limited number of securities.
• D)broker who buys and sells securities from a market maker.
• E)trader who deals only with primary offerings.

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Definitions:

Modality Specific

Pertaining to or affecting a particular mode of sensation or a specific sensory system.

Echoic Memory

A component of sensory memory that stores audio information, making it available for further processing for a brief period after the original sound has ceased.

Icon

A symbol, image, or figure that represents a concept, object, or entity, often recognized universally.

Primacy Effect

The improvement in retention of information learned at the beginning of a task.