单项选择题

The characteristic of a regional exchange is such that:（）

A. it competes with and supplements the national exchanges by providing primary markets for the stocks of smaller companies.
B. it competes with and supplements the national exchanges by providing secondary markets for the stocks of smaller companies .
C. it competes with and supplements the national exchanges by providing primary markets for the stocks of larger companies.

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单项选择题

The Dow Jones Industrial Average accounts for stock splits by:（）

A. multiplying the index by the stock split ratio.
B. reducing the market capitalization of the stock experiencing the split.
C. increasing the weighting of the stock experiencing the split.

单项选择题

When using margin to invest in equities, which of the following defines initial margin and what level will the margin be brought back to in the event of a margin call Initial margin Margin call action（）①A. amount of borrowed funds in the transactions a deposit must be made to bring the margin back to the initial margin ②B. amount of borrowed funds in the transactions a deposit must be made to bring the margin back to the maintenance margin ③C. minimum amount of equity required of the investor a deposit must be made to bring the margin back to the maintenance margin

A. ①
B. ②
C. ③