You own 600 shares of a NASDAQ listed stock that you wish to sell.Which of the following are options available to you for this purpose?
I.sell the shares to a dealer at the dealer's bid price
II.sell directly to another individual via an ECN
III.offer the shares yourself on NASDAQ via an ECN
IV.have a broker offer the shares for sale on the NYSE
A)I and II only
B)III and IV only
C)II and III only
D)I, II, and III only
E)II, III, and IV only

Question

Quizplus · Accepted Answer

Options I, II, and III are correct. You can sell shares to a dealer at the bid price, sell directly to another individual via an Electronic Communication Network (ECN), or offer the shares yourself on NASDAQ via an ECN. Option IV is incorrect because NASDAQ-listed stocks are not offered for sale on the NYSE by brokers; they are traded on the NASDAQ system.

You Own 600 Shares of a NASDAQ Listed Stock That