Question

A person on the floor of the NYSE who executes buy and sell orders on behalf...

A person on the floor of the NYSE who executes buy and sell orders on behalf of customers is called a(n):

Multiple Choice

  • dealer.

  • specialist.

  • supplemental liquidity provider.

  • designated market maker.

  • floor broker.

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Answer #1

Ans floor broker

A person on the floor of the NYSE who executes buy and sell orders on behalf of customers is called a(n) floor broker. Types of floor broker include commission broker and independent floor brokers. Floor brokers are the largest single membership group of the NYSE.

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