Page 20 - HP3A 011 Stock Market
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be bought electronically from any
place in the world or bought in the
physical location NYSE provides. An
individual in charge of the trading
process will submit the order
electronically and send it to the
designated market to make the deal
the agreed price. happen. However, this job is only
The New York Exchange, known done when there are no other buyers
as NYSE, is an example for a or sellers in the physical location.
hybrid market. It facilitates the The National Association of
trade between two parties by Securities Dealers Automated
providing a market place. It is a Quotation, also known as NASDAQ,
hybrid market because stocks can is a virtual exchange system.
