Question

Block transactions are transactions for more than _______ shares, and they account for about _____ percent of all trading on the nyse.

A. 1,000;5
B. 500: 10
C. 100,000:50
D. 10,000; 30
E.5,000, 23

Answer 1

Block transactions are transactions for more than 10,000 shares, accounting for about 30 percent of trading on the NYSE.

This correct answer is D.

Step-by-step explanation:

I apologize for the confusion in my previous response. I don't have specific information on the most current statistics, but I can provide a general explanation.

Block transactions refer to trades involving a large number of shares. The specific threshold for what constitutes a block trade can vary, but it often involves transactions of 10,000 shares or more.

In the provided options:

Option D (10,000; 30) suggests that block transactions are for more than 10,000 shares, and they account for about 30% of all trading on the NYSE.

This means that transactions involving more than 10,000 shares constitute block transactions, and they make up approximately 30% of all trading activity on the New York Stock Exchange (NYSE).

Please note that these numbers can vary, and it's essential to refer to the most recent and accurate data for precise figures.

This correct answer is D.