Q1. Which of the following statements about trading stocks or securities markets is least accurate? A) A stop-buy is placed above the market price to protect short sellers of a security. B) The NASDAQ is an example of an over-the-counter market. C) Commission brokers at the New York Stock Exchange trade for their own accounts.
Q2. An investor sold a stock short and is worried about rising prices. To protect himself from rising prices he would place a: A) limit order to buy. B) stop order to buy. C) stop order to sell.
Q3. To maintain an orderly market, a specialist would most likely:
A) buy in an up market. B) close the limit order book when the market makes abrupt moves. C) sell in an up market.
Q4. Members of the exchange who act as brokers but do not work for a specific brokerage firm are referred to as: A) commission brokers. B) floor brokers. C) exchange brokers.
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发表于 2009-1-22 11:39
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