Customers purchasing the stock will not pay a commission. The block is crossed on the NYSE floor and is printed on the NYSE tape. This is called a:
A. special order
B. specialist block purchase
C. secondary distribution
D. exchange distribution
Answer:D
Customers purchasing the stock will not pay a commission. The block is crossed on the NYSE floor and is printed on the NYSE tape. This is called a:
A. special order B. specialist block purchase C. secondary distribution D. exchange distribution
Explanation: Explanation/Reference: