Monday, November 11, 2019

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


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.
Refer to section 8.3


19.
Which one of the following is the electronic system used by the NYSE for directly transmitting orders to specialists? 
 
A. 
OTCDOT

B. 
SuperDOT

C. 
Instinet

D. 
Internet

E. 
Floornet
Refer to section 8.3


20.
The stream of customer orders coming in to the NYSE trading floor is called the: 
 
A. 
paper trail.

B. 
trading volume.

C. 
order flow.

D. 
bid-ask spread.

E. 
commission trail.
Refer to section 8.3

21.
The counter area on the floor of the NYSE where a specialist operates is called a: 
 
A. 
pit.

B. 
hot spot.

C. 
seat.

D. 
post.

E. 
DOT.
Refer to section 8.3

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