12 NYSE. Describe a typical stock transaction at the New York Stock Exchange (NYSE). What are floor traders? What are specialists? What other exchanges trade stocks in a similar manner tothe NYSE?Investors who trade stock have accounts at afirm. To buy or sell a stock listed on the NYSE, the investor contacts the brokerage firm, which electronically sends the request tobuy or sell to the NYSE. There a computer matches uporders and communicates the executed order to the brokerage firm. In the traditional method, which is still usedfor some transactions, the brokerage firm submits a message to one of itswho negotiates a price with another trader who is trying to sell or buy the stock. Once the trade iscomplete, the floor trader sends a confirmation to the brokerage, which forwards it to the investor. (Select from the drop-down menus.)Floor traders: (Select the best answer below.)A. execute trades on the floor for themselves or someone else.B. help make a market in one or more stocks by taking the position consistent with orders placed by clients.C. execute trades on the floor for bankers.D. help make a market in one or more stocks by taking the position opposite of orders placed by clients.What other exchange trades stocks in a similar manner to the NYSE? (Select the best answer below.)A. NYSE MKT LLCB. National Stock ExchangeC. North American Stock ExchangeD. California Stock Exchange

NYSE refers to the New York Stock Exchange. It is one of the biggest stock exchanges in the world…

e NYSE? firm. To buy or sella stock listed on the NYSE, the investor contacts th vestors who trade stock have accounts at a y or sell to the NYSE. There a computer matches up orders and communicates the executed order to the * some transactions, the brokerage firm submits a message to one of its mplete, the floor trader sends a confirmation to the brokerage, which forwards it to the investor. (Select from the drop-down me por traders: (Select the best answer below.) who negotiates a price with another tra O A. execute trades on the floor for themselves or someone else. O B. help make a market in one or more stocks by taking the position consistent with orders placed by clients. O C. execute trades on the floor for bankers. O D. help make a market in one or more stocks by taking the position opposite of orders placed by clients.

e NYSE? firm. To buy or sella stock listed on the NYSE, the investor contacts th vestors who trade stock have accounts at a y or sell to the NYSE. There a computer matches up orders and communicates the executed order to the * some transactions, the brokerage firm submits a message to one of its mplete, the floor trader sends a confirmation to the brokerage, which forwards it to the investor. (Select from the drop-down me por traders: (Select the best answer below.) who negotiates a price with another tra O A. execute trades on the floor for themselves or someone else. O B. help make a market in one or more stocks by taking the position consistent with orders placed by clients. O C. execute trades on the floor for bankers. O D. help make a market in one or more stocks by taking the position opposite of orders placed by clients.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 13PB: You are a consultant working with various companies that are considering incorporating and listing...

See similar textbooks

Similar questions

You are a consultant working with various companies that are considering incorporating and listing shares on a stock exchange. Explain the importance of the EPS calculation to financial analysts who follow companies on the stock exchanges.
Which of the following sell stock on an organized stock exchange such as the New York Stock Exchange?
Explain the role of secondary markets in trading securities and describe how exchanges, such as the New York Stock Exchange, help facilitate the process.
Are most stocks traded on face-to-face exchangesor electronically? What impact has this had on retailstock transactions? On portfolio management?
You are an investment advisor and you are asked to guide a new investor to trade shares on the Ghana Stock Exchange (GSE). Explain any six (6) of the listing requirement of GSE that are to be met before the company can start trading on the market.
Explain the differences among broker-dealer networks, alternative trading systems, and registered stock exchanges.
Why do you suppose that well-known companies such as Apple, Starbucks, and Facebook prefer to have their shares traded on the NASDAQ rather than on one of the major listed exchanges, such as the NYSE (for which theyd easily meet all listing requirements)? Whats in it for them? What would they gain by switching over to the NYSE?
Describe some similarities and differences among broker-dealer networks, alternative trading systems (ATS), and registered stock exchanges.
You are a consultant working with various companies that are considering incorporating and listing shares on a stock exchange. One of your clients asks you about the various acronyms she has been hearing in conjunction with financial analysis. Explain the following acronyms and how they measure different things but may complement each other: EPS (earnings per share), EBITDA (earnings before interest, taxes, depreciation, and amortization), and NOPAT (net operating profit after taxes).
The stream of customer instructions received by an stock exchange to buy and sell common stock is called the: a) order flow. b) market instructions. c) execution stream. d) operations flow.
Which of the following is an example of the primary markets? Select one:Amman Stock ExchangeMuscat Stock ExchangeNone of the answers are correctForeign exchange market
What are the differences between the physical location exchanges and the NASDAQ stock market?