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Home/Exams/FINRA Investment Company and Variable Contracts Products Representative Qualification Examination (IR)/Question #13
#13Multiple Choice

Which of the following are duties of the specialist on an exchange floor?
I. executing limit orders if/when the limit price specified is reached
II. minimizing any imbalance in supply and demand for the stock(s) that the specialist is assigned
III. determining an opening price for each assigned stock every day
IV. serving as an auctioneer for the shares of the assigned stocks

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Exam SERIES-6 Topic 1 Question 13
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