Trey currently owns 545,000 shares of ABC stock. He will sell those shares for $17.10 a share. He is also willing to purchase additional shares for $17.07 a share. Trey is a securities:
A)broker.
B)representative.
C)underwriter.
D)floor broker.
E)dealer.

Question

Quizplus · Accepted Answer

Trey is willing to both sell and purchase shares, indicating that he is acting as a dealer. Dealers buy and sell securities for their own account and profit from the difference between the purchasing and selling price.

Trey Currently Owns 545,000 Shares of ABC Stock