SERIES-6 practice question 10 of 35
Which of the following is not an auction market?
Full set: 325 questionsCorrect Answer:
A. NASDAQ
Explanation
NASDAQ is not an auction market. NASDAQ is a computerized system of geographically dispersed securities’ dealers. As such, it is a negotiated market. The NYSE (New York Stock Exchange) and the CHX (Chicago Stock Exchange) are both auction markets.
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