A broker market eliminates the need for time-consuming searching for a fair deal by buying and selling immediately from its inventory of securities.

Question

Quizplus · Accepted Answer

A broker market involves brokers facilitating trades between buyers and sellers, rather than buying and selling from their own inventory. In a broker market, buyers and sellers still need to search for a fair deal by comparing prices offered by different brokers.

A Broker Market Eliminates the Need for Time-Consuming Searching for a Fair