Many companies aspire to go public and have their shares traded on exchanges such as the New

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Many companies aspire to go public and have their shares traded on exchanges such as the New York Stock Exchange (NYSE) and NASDAQ. Visit the Website of the NYSE
(www.nyse.com) and search for the “Guide to the NYSE Marketplace” to answer the following questions.

Required
a. What two U.S. securities exchanges does the NYSE Group Inc. operate? Briefly describe each.
b. What is required to be able to trade securities on the NYSE trading floor?
c. How many shares does the NYSE have the capacity to trade in a single trading day?
d. How do most trade orders reach the NYSE trading floor?
e. What federal agency oversees the NYSE and its member organizations?
f. Describe the three widely cited stock market indexes described in the NYSE materials.
g. Describe the five basic categories of stock.

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Auditing and Assurance services an integrated approach

ISBN: 978-0132575959

14th Edition

Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

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