Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A person who executes customer orders to buy and sell securities on the floor of the NYSE is called a: A) market maker. B) runner.

A person who executes customer orders to buy and sell securities on the floor of the NYSE is called a:

A) market maker.

B) runner.

C) supplemental liquidity provider (SLP).

D) Floor broker.

E) designated market maker (DMM).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions