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Premium discount brokers: O A. O B. O C. O D. execute trades electronically but charge a premium for additional services such as record keeping and confirmations. provide faster execution of trades, but charge higher commissions than basic discount brokers. charge an annual premium for the use of their services. now provide many of the same services as full-service brokers.

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Answer #1

The correct option is A.

Traditionally there are two kinds of brokers. Full service and discount. Full service brokers offer much more than just execution of trades. They offer investment advice, research and so on whereas discount brokers only execute trades. Premium discount brokers lie somewhere in between as they charge a higher fee than discount brokers and provide more services.

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