Which of the following is true of a broker market? A. Broker and dealer markets mean...
Which of the following is true of a broker market?
A. Broker and dealer markets mean the same thing
B. Only banks execute the buy or sell orders in a dealer market.
C. It is a manual process and only happens in New York City.
D. Buyers and sellers are bought together directly.
E. They only exist in international markets.
Homework Answers
Option ,D. Buyers and sellers are bought together directly.
Reason: A broker market is wherein a broker usually brings the buyers and sellers in contact together usually for a commission.
Add Answer to:
Which of the following is true of a broker market?
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