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25 February, 06:11

Which one of the following statements is correct? a. All of the major stock exchanges are U. S. based. b. The NYSE was created by the National Association of Securities Dealers in the early 1930s. c. The Chicago Stock Exchange is a dealer market. d. OTC markets have a physical trading floor generally located in either New York City or Chicago. e. The primary purpose of the NYSE is to match buyers with sellers. References Multiple Choice

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  1. 25 February, 06:36
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    Option E, the primary purpose of the NYSE is to match buyers and sellers.

    Explanation:

    NYSE like any other stock exchange in the world, provides a trading platform for those with surplus funds with intention of investing in securities to meet people who are willing to dispose off their securities.

    As people see need to invest today cash surplus today, such that the invested funds give returns in future, so also the activities of stock exchanges become more complex.
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Home » Business » Which one of the following statements is correct? a. All of the major stock exchanges are U. S. based. b. The NYSE was created by the National Association of Securities Dealers in the early 1930s. c. The Chicago Stock Exchange is a dealer market. d.
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