Question

In physical stock markets, the buying, selling, and trading of stocks happens on the trading floor. This sort of auction for stocks happens as traders verbally submit their offers. What is this type of trading known as? A. virtual B. expansionary C. rational D. open outcry

Answer 1

Correct Answer: open outcry

Answer 2

D. open outcry

Step-by-step explanation:

At a trading floor, a trader is the person who sell or buy securities such as equity, commodities, fixed income, or foreign exchange on behalf of their employer. During this trading, traders verbally submit their offers and this type of trading is called open outcry.

Open outcry can be defined as a means of communication on a trading floor. Traders shout and use hand signals to tell their partners to buy or sell the stock.

Hence, the correct answer is "D. open outcry"