Which one of the following statements is generally correct? multiple choice

a. auction markets match buy and sell orders.
b. dealers arrange trades but never own the securities traded.
c. private placements must be registered with the sec.
d. dealer markets have a physical trading floor.
e. all secondary markets are auction markets.

The correct answer is A

Explanation:

Auction market is the kind or the type of the market where the buyer states the highest price and they are willing to pay. The sellers states the lowest price to which they are willing to accept or agree on.

A trade happen or occur when the seller as well as the buyer agrees or have a mutual consent for agreeing upon a price.

Therefore, the statement which is correct is that the auction markets matches the buyers and the seller orders.

answersecondary succession;