All of the following are functions of security exchanges EXCEPT
A) allocating scarce capital.
B) aiding in new financing.
C) creating continuous markets.
D) holding demand deposits.

Question

Quizplus · Accepted Answer

Security exchanges do not hold demand deposits. Their primary functions include allocating scarce capital, aiding in new financing, and creating continuous markets for securities trading.

All of the Following Are Functions of Security Exchanges EXCEPT