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An auction market:

A. is an electronic means of exchanging securities.
B. has a physical trading floor.
C. handles primary market transactions exclusively.
D. is also referred to as an OTC market.
E. is dealer based.

Respuesta :

Answer:

The correct answer is letter "B": has a physical trading floor.

Explanation:

An auction market is one where buyers and sellers simultaneously offer reasonable bids. The price of the asset being traded is the highest price a buyer is willing to pay and the lowest price a seller is willing to accept. Even with the spread of technology, some auctions can be done online. Though, the auction always has a trading floor.