Which one of the following statements is correct? Multiple Choice 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.

Question

Business

John Harmon

12 November, 22:10

Which one of the following statements is correct? Multiple Choice 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.

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Answers (1)

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Zachary Young · Answer 1

The correct answer is letter "E": The primary purpose of the NYSE is to match buyers with sellers.

Explanation:

The New York Stock Exchange or NYSE is the largest, oldest, and best-known stock exchange in the world where stocks, bonds, and other types of securities are bought and sold. The NYSE requires companies to meet a high standard before the stock can be listed.