1. NYSE designated market makers:
1. Are guaranteed a profit on every stock purchased and resold.
2. Are also referred to as "$2 brokers.
3. Provide a one-sided market.
4. Act as dealers.
5. Execute trades on behalf of their clients.
2. A securities market primarily composed of dealers who buy and sell for their own inventories is referred to which type of market?
1. Private.
2. Insider.
3. Over-the-counter.
4. Auction.
5. Regional.