A Broker Who Does Not Execute Trades on Behalf on the Investor

question 54

Multiple Choice

A broker who does not execute trades on behalf on the investor, but instead only takes care of the bookkeeping for the portfolio, margin provisions and short provisions, is called a

• A)prime broker.
• B)wholesale broker.
• C)retail broker.
• D)discount broker.

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Definitions:

Stereotypical Response

A predictable and oversimplified reaction based on preconceived notions about a group or situation.

Apgar Scale

A quick test performed on a newborn at 1 and 5 minutes after birth, assessing five criteria to evaluate the baby's physical condition and need for medical intervention.

Neonatal

Pertaining to the first four weeks after birth, a critical period for both mother and infant that encompasses the transition to independent living.

Muscle Tone

The continuous and passive partial contraction of the muscles, or the muscle's resistance to passive stretch during resting state.