Specialists on Stock Exchanges Perform Which of the Following Functions

question 69

Multiple Choice

Specialists on stock exchanges perform which of the following functions?

• A) Act as dealers in their own accounts
• B) Analyze the securities in which they specialize
• C) Provide liquidity to the market
• D) Act as dealers in their own accounts and analyze the securities in which they specialize
• E) Act as dealers in their own accounts and provide liquidity to the market

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Definitions:

Originator

The individual or entity that creates or initiates something, often used in the context of loans and financial transactions.

Beneficiary

An individual or entity entitled to receive benefits or assets from a will, trust, insurance policy, or other legal arrangement.

Stale Check

A check that is presented for payment after a certain period (typically six months) from its issue date, leading to its potential refusal by the bank.

Settlement

An agreement reached between parties in a dispute to amicably resolve their differences, often involving a compromise and the cessation of further legal action.