STOCK 100
STOCK 100
if i have a 100 stock of xyz company and i want to sell it on exchange but there are no takers --?
then what happen. can i able to sell it or what.
our stock exchange, the nyse has people on the floor that are market makers, this means that if you want to sell you will be able to sell, but they would set the price that they will pay. They specialize in certain stocks and will make a buy or sale to insure that there is an orderly market. spreads are up to them.
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