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A specialist on the AMEX Stock Exchange is offering to buy a security for $37.50. A broker in Oklahoma City wants to sell the security
A specialist on the AMEX Stock Exchange is offering to buy a security for $37.50. A broker in Oklahoma City wants to sell the security for his client. The Intermarket Trading System shows a bid price of $37.375 on the NYSE. What should the broker do? O Route the order to the AMEX Stock Exchange. Route the order to the NYSE. Call the client to see if she has a preference. Route half of the order to AMEX and the other half to the NYSE. It doesn't matter - he should flip a coin and go with it
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