blank one options: investment, brokerage

balnk two options: buy and exchange, buy & sell, exchange and sell

blank three options: floor traders, specialists

NYSE. Describe a typical stock transaction at the New York Stock Exchange (NYSE). What are floor traders? What are specialists? What other exchanges trade stocks in a similar manner to the NYSE? Investors who trade stock have accounts at a firm. To buy or sell a stock listed on the NYSE, the investor contacts the brokerage firm, which electronically sends the request to buy or sell to the NYSE. There a computer matches up orders and communicates the executed order to the brokerage firm. In the traditional method, which is still used for some transactions, the brokerage firm submits a message to one of its who negotiates a price with another trader who is trying to sell or buy the stock. Once the trade is complete, the floor trader sends a confirmation to the brokerage, which forwards it to the investor. (Select from the drop-down menus.) Floor traders: (Select the best answer below.) O A help make a market in one or more stocks by taking the position consistent with orders placed by clients. B. execute trades on the floor for themselves or someone else. c. executotrades on the floor for bankers. OD. help make a market in one or more stocks by taking the position opposite of orders placed by clients. what other exchange trades stocks in a similar manner to the NYSE? (Select the best answer below) A. National Stock Exchange OB. California Stock Exchange OC. North American Stock Exchange D. NYSE MKT LLC 11 O ti