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I) Nasdaq is a dealer market which is solely electronic and therefore has no physical trading floor. Dealers buy and sell for their own inventory.
I) Nasdaq is a dealer market which is solely electronic and therefore has no physical trading floor. Dealers buy and sell for their own inventory.
II) The listing requirements of NYSE are more stringent than those of Nasdaq and thus the NYSE tends to be larger firms with smaller firms being listed on the Nasdaq. Note however that larger firms can and do opt to remain on Nasdaq even though they qualify for NYSE listing.
Which of the statements from the options below are correct?
1. I
2. None
3. II
4. Both of I and II
which
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