1.

All of the following are true about UTP (unlisted tradingprivileges) except

		It may be used to enter market or limit orders
		It is used for orders on the NYSE
		Orders bypass the floor broker and go directly to designatedmarket maker
		The bid represents potential sellers

2.

A customer enters a buy stop for ABC at $15. After the order isentered, trades occur as follows: $14.75, $14.88, $14.63, $15,$15.25, and $15.13. The order was:

		Triggered at $15, executed at $15.25
		Triggered at $14.75, executed at $14.88
		Triggered at $14.63, executed at $15
		Triggered at $15, executed at $15.13

Answer rating: 100% (QA)

1 Answer It may be used to enter the market or limit orders Explanation Unlisted trading privileges ... View the full answer