Finance · Financial Markets
What is the definition of the 'Floor' on a Stock Exchange?
- 1The trading area where securities are physically bought and sold✓
- 2The minimum regulatory capital required to open a brokerage firm
- 3The lowest price level a stock is legally allowed to fall to in a single day
- 4The baseline interest rate set by central banks for commercial loans
Correct answer
The trading area where securities are physically bought and sold
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