Peter Smith wants to buy 100 shares of The Warehouse (WHS) stock. The Warehouse stock is one of many number of stocks listed on the New Zealand Stock Exchange (NZX). Which ONE of the following is correct in describing the process of which The Warehouse shares can be bought?

A. Peter can buy WHS shares directly from his share broker, who holds inventories of the WHS stocks and inventories of other stocks. The share broker also stands ready to transact with Peter and any other clients wanting to transact shares.

B. Peter can buy WHS shares directly from the Warehouse Limited Company by submitting a buy order to the Investors Centre at the Warehouse Limited Company.

C. Peter submits a buy order to his share broker. His broker does not hold inventories of the WHS stocks but in turn, submits a buy order to the NZX. If there is an outstanding order to sell at the price that Peter is after, then the orders are matched and the trading deal is done.

D. Peter submits a sell order to his share broker. His broker does not hold inventories of the WHS stocks but in turn, submits a sell order to the NZX. If there is an outstanding order to buy at the price that Peter is after, then the orders are matched and the trading deal is done. E. None of the above is correc