Examlex
Which of the statements is TRUE regarding automatic processing?
Dealer
A person or firm in the business of buying and selling securities for their own account, rather than for customers.
Commodity
Basic goods used in commerce that are interchangeable with other goods of the same type.
Original Issuer
The entity that first creates and offers securities or financial instruments to the public, such as bonds or stocks.
Secondary Market
A market where investors purchase securities or assets from other investors, rather than from issuing companies themselves.
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