To the Investor, the Disadvantage of the Agency Program Trade

question 2

True/False

To the investor, the disadvantage of the agency program trade is that, while commissions may be the lowest, the execution price may not be the best because of impact costs and the potential frontrunning by the brokerage firms that were solicited to submit a commission bid.

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Definitions:

Nonverbal Communication

The process of conveying a message or information through gestures, facial expressions, body language, and other physical deans, rather than words.

Ethical Misconduct

Behavior that violates professional or organizational standards of conduct, often involving actions that are dishonest or morally wrong.

Audience Involved

The process of engaging and considering the perspectives, needs, and expectations of the people who are targeted or affected by a communication effort, project, or service.

Sales Representative

An individual who sells products or services on behalf of a company, often directly to customers, and may also provide product information and customer service.