A broker is an agent who:

Question

Quizplus · Accepted Answer

A broker brings buyers and sellers together, acting as an intermediary between them. This is the most accurate description of the role of a broker. The other choices are not accurate; a trader on the floor of an exchange is not acting as a broker, they are trading for themselves; buying and selling from inventory indicates a dealer, not a broker; offering new securities for sale to dealers only is the role of an underwriter, not a broker; and being ready to buy or sell at any time is a characteristic of a market maker, not a broker.

A Broker Is an Agent Who