Series 24: Executing Orders On The Exchange

Taken from our Series 24 Online Guide

Executing Orders on the Exchange

Once an order reaches the firm’s floor booth, it is phoned over to one of its floor brokers. The floor broker may carry it to the trading post where that particular stock is traded. NYSE has seventeen of them, but each stock is traded at only one location. If they are particularly busy, floor brokers may dish the order off to an

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