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11 + Normal text Arial BIUAGE 100% 4 5 1 . .6 1 The stockbroker gives Amanda the current market price of Great Computer Company and she instructs the stockbroker to buy 100 shares. Amanda Smith of Hartford, CT, decides to buy Great Computer Company stock. She calls a local stockbroker who works for a firm that is a member of the NYSE. The broker sends the order to the Trading Floor of the NYSE electronically via the SuperDOT System to the specialist's workstation or through Broker Booth Support Systems (BBSSM) to the broker's handheld computer. After the transaction is executed, the specialist's workstation sends notice to Amanda's firm (the buyer) and to the seller's firm, as well as to the consolidated tape so that a written record is made. At the trading post, the specialist that handles Great Computer Company stock makes sure the transaction is executed in a fair and orderly manner. Amanda's order competes with other orders in the Great Computer Company at the point of sale for the best price. The transaction is processed electronically. Amanda receives a trade confirmation from her broker's firm describing the trade, and the exact amount she owes for the 100 shares of Great Computer Company plus any applicable commissions. The transaction is reported by computer and appears within seconds on the consolidated tape displays across the country and around the world. Amanda asks her stockbroker the current price for Great Computer Company stock. The broker checks the quote (the highest bid to buy, the lowest offer to sell) for Great Computer Company stock using an electronic market data system. 642