Floor brokers:
A) act as agents to execute customers' orders for securities purchases and sales
B) assist specialists in executing orders
C) trade for their own accounts
D) are employed by the exchanges

Question

Quizplus · Accepted Answer

Floor brokers act as agents to execute customers' orders for securities purchases and sales. They do not trade for their own accounts and are not employed by the exchanges. While they may assist specialists in executing orders, this is not their primary role.

Floor Brokers