Question

Which of the following is applicable to the Nasdaq PHLX?a. Regional exchange operated by NASDAQb. Offers trading in equity securities and options contractc. Is a completely electronic exchange with no physical trading floord. Regional exchange operated by FINRA for the execution of OTC stock only

Answer 1

Answer: a. Regional exchange operated by NASDAQ

b. Offers trading in equity securities and options contract.

Step-by-step explanation:

Out of the options given, the correct answers are a and b. The options that are applicable to Nasdaq PHLX are:

Regional exchange operated by NASDAQ

b. Offers trading in equity securities and options contract.

It should be noted that the PHLX is simply a regional exchange which is being monitored and managed by NASDAQ. Furthermore, the equity securities and options contract are being traded on floor and electronically.