Series 24: 5.5.2. Transacting Business On An Exchange

Taken from our Series 24 Online Guide

5.5.2. Transacting Business on an Exchange

A transaction usually starts at a brokerage office. An investor examines the market with his broker and places an order. The order is sent to the exchange either electronically or by telephone. At the NYSE today, most orders to buy or sell stocks reach the trading post through its

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