Question

Which one of the following statements is correct concerning the NYSE?

A. The publicly traded shares of a NYSE-listed firm must be worth at least $250 million.
B. The NYSE is the largest dealer market for listed securities in the United States.
C. The listing requirements for the NYSE are more stringent than those of NASDAQ.
D. Any corporation desiring to be listed on the NYSE can do so for a fee.
E. The NYSE is an OTC market functioning as both a primary and a secondary market.

Answer 1

The correct statement about the New York Stock Exchange (NYSE) is that the listing requirements are more stringent than those of NASDAQ. The correct answer is option C.

Step-by-step explanation:

Among the statements provided about the New York Stock Exchange (NYSE), the correct one is C: The listing requirements for the NYSE are more stringent than those of NASDAQ. The NYSE is indeed the oldest, largest, and most well-known stock exchange in the United States, situated on Wall Street in New York City.

Firms listed on the NYSE are subject to size and profitability requirements that can be more demanding than those for NASDAQ. Contrary to option B, the NYSE operates as an auction market, not a dealer market, and unlike option E, it is not classified as an over-the-counter (OTC) market.

Additionally, meeting the specific listing standards includes more than just the payment of a fee, making option D incorrect. While the statement A about a minimum value of publicly traded shares is not explicitly detailed in the reference material.