Examlex
The aggregate number of shares of stock sold to the public is referred to as authorized shares of stock.
Designated Market Maker
A market participant tasked with maintaining fair and orderly markets for specified securities by facilitating trade execution.
Exchange Floor
The physical location where traders buy and sell securities or commodities within a financial exchange.
Orderly Market
A market condition in which prices move in a smooth and predictable manner, without excessive volatility or gaps in trading prices.
Over-the-Counter Market
A decentralized market where participants trade stocks, bonds, currencies, and other financial instruments directly between two parties without a central exchange or broker.
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