Which term does NOT belong in this list? A) NYSE B) AMEX C) ECNs D) O

QUESTION

Which term does NOT belong in this list?

A) NYSE
B) AMEX
C) ECNs
D) OTC market
E) the Dow

ANSWER

Answer: E
Explanation: E) The NYSE (New York Stock Exchange), AMEX (American Stock Exchange), electronic communications networks (ECNs), and over-the-counter (OTC) market are all secondary markets for securities. The Dow Jones Industrial Average (the Dow) is an index of the average prices of stocks of 30 large corporations.