Trading securities are most commonly found on the books of:

Question

Quizplus · Accepted Answer

Trading securities are typically found on the books of banks, specifically investment banks or trading desks within commercial banks. These entities engage in buying and selling of securities for short-term profit. Other types of companies, such as oil and manufacturing companies, may also have investment portfolios but these would typically be classified as available-for-sale or held-to-maturity securities rather than trading securities. Foreign subsidiaries may also invest in securities, but their financial statements would not be consolidated with their parent company's financial statements in most cases.

Trading Securities Are Most Commonly Found on the Books Of