Question 3 Which of the following statements is NOT CORRECT? The New York Stock Exchange is an auction market, and it has a physical location. Your uncle purchased 200 shares of Starbucks stock through a brokerage form, this is a secondary market transaction. Money markets are markets for long-term financial securities such as perferred stocks and common stocks Mutual funds usually invest their money in a well-diversified portfolio of various fnancial securities such as stocks or bonde