In an agency market, the broker takes the client's order through the agent, who matches it with another public order. The agent can be viewed as
A) a dealer.
B) a specialist.
C) a broker's broker.
D) none of the above
Correct Answer:
Verified
Q47: A "call market"
A)is OTC and over-the-phone.
B)features an
Q49: A "specialist"
A)makes a market by holding an
Q49: A stop order is an order to
Q50: To avoid buying a stock at a
Q51: Unlike day orders, a good-til-cancelled (GTC) order
Q53: In an agency market, the broker takes
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Q55: The OTC market
A)does not accept credit-the dealers
Q56: The Toronto Stock exchange
A)is a fully automated.
B)features
Q57: Call markets and crowd trading offer advantages
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