Exclusion of securities of a certain issuer from the quotation list of a stock exchange, the procedure is the reverse of listing. What is it? X Empire Riddle of the Day 19 August 2024
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Updated Aug 19, 2024
X Empire Riddle of the Day for August 19, 2024
One of the exciting daily features in X Empire is the Riddle of the Day, which challenges players to solve clever puzzles for the chance to earn extra in-game cash. Here is today’s riddle:
Riddle:
"Exclusion of securities of a certain issuer from the quotation list of a stock exchange, the procedure is the reverse of listing. What is it?"
Answer: Delisting
Explanation
The answer to the riddle is "Delisting." Delisting refers to the process by which a company's securities are removed from the quotation list of a stock exchange. This procedure is essentially the reverse of listing, which is when a company’s securities are initially included on an exchange's trading platform.
Delisting can occur for various reasons, such as the company failing to meet listing requirements, a decision by the company itself, or financial difficulties. When a security is delisted, it is no longer traded on that particular exchange, though it may still be traded on other platforms or over-the-counter markets.
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Stay tuned to X Empire for daily features like the Daily Combo and the Riddle of the Day. Here’s how you can make the most of these exciting opportunities:
- Daily Combo: Unlock special rewards each day by participating in the Daily Combo, which enhances your gaming experience with unique bonuses.
- Riddle of the Day: Challenge your mind with daily riddles for a chance to earn extra in-game cash, boosting your gameplay and adding an intellectual twist to your routine.
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