The opening quote for issues listed on the NYSE is set by the:
A) floor brokers based on the level of opening orders.
B) third-market makers.
C) specialist (designated market maker).
D) exchange.
Answer: C) specialist (designated market maker).
A) floor brokers based on the level of opening orders.
B) third-market makers.
C) specialist (designated market maker).
D) exchange.
Answer: C) specialist (designated market maker).