Solved

Comparing Agency Versus Dealer Markets,which Combination of the Following Statements

Question 64

Multiple Choice

Comparing agency versus dealer markets,which combination of the following statements is true: (i) In a "dealer market," the broker takes the client's order through the agent,who matches it with another public order.
(ii) In an "agency market," the broker takes the trade through the dealer,who participates in trades as a principal by buying and selling the security for his own account.
(iii) In an "agency market," the broker takes the client's order through the agent,who matches it with another public order.
(iv) In a "dealer market," the broker takes the trade through the dealer,who participate in trades as a principal by buying and selling the security for his own account.
(v) An agent can be viewed as a "broker's broker."
(vi) A dealer can be viewed as a "broker's broker."


A) (i) ,(ii) ,and (v)
B) (i) ,(ii) ,and (vi)
C) (iii) ,(iv) ,and (v)
D) (iii) ,(iv) ,and (vi)

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents