Bubba is opening a margin account with a member organization. He wishes to purchase
100 shares of XYZ at $15 per share.
What is Bubba’s initial cash deposit?
Bubba owns stock with cumulative voting rights. There are five vacancies on a board and
he owns 100 shares of stock. Bubba is entitled to cast the following votes:
A NYSE floor member executing an order for a public customer asks the specialist in the
stock to guarantee a price while giving the customer an opportunity to obtain a better price.
This procedure is known as: