The Primary Purpose of the NYSE Circuit Breakers Is To

question 73

Multiple Choice

The primary purpose of the NYSE circuit breakers is to:

• A)halt short selling.
• B)encourage program trading.
• C)limit trading by specialists.
• D)minimize institutional trading.
• E)slow a market decline.

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Definitions:

Grace Period

A period after a due date during which a financial obligation may be met without penalty or late fees being incurred.

Credit Cards

Means of access to preapproved lines of credit granted by a bank or finance company.