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1. NYSE designated market makers:

1. Are guaranteed a profit on every stock purchased and resold.

2. Are also referred to as "$2 brokers.

3. Provide a one-sided market.

4. Act as dealers.

5. Execute trades on behalf of their clients.

2. A securities market primarily composed of dealers who buy and sell for their own inventories is referred to which type of market?

1. Private.

2. Insider.

3. Over-the-counter.

4. Auction.

5. Regional.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92831211

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