In foreign exchange markets,_________________ do not assume responsibilities for making a market in a foreign currency and buy and sell a foreign currency only when they think it will be profitable for them.
A)market makers
B)dealers
C)brokers
D)regulators

Question

Quizplus · Accepted Answer

Dealers in foreign exchange markets are not obligated to make a market in a foreign currency but buy and sell a foreign currency only when they think it will be profitable for them. Market makers, on the other hand, assume responsibilities for making a market in a foreign currency by providing ask and bid prices for traders. Brokers intermediate trades between buyers and sellers without taking a position themselves. Regulators oversee and regulate the activities of market participants to ensure fair and orderly markets.

In Foreign Exchange Markets,_________________ Do Not Assume Responsibilities for Making