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Q2 Which of the following is true of a securities exchange? The stocks are traded on a securities exchange using pink slips only. The securities

Q2 Which of the following is true of a securities exchange?

The stocks are traded on a securities exchange using pink slips only.

The securities exchange acts as a market maker where new securities are sold to the public.

The buyer and the seller in a securities exchange underwrite shares with the investment banker.

The securities exchange is a primary market for sale of securities on the over-the-counter bulletin board (OTCBB).

The traded securities change hands right there on the floor of the securities exchange.

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