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There Are Many Differences Between Broker Markets and Dealer Markets

question 29

Essay

There are many differences between broker markets and dealer markets.These differences include such things as membership, location, regulation, and several other characteristics.Discuss at least five key differences between these two markets.


Definitions:

Capital Account

A capital account is a financial statement that shows the changes in a company’s assets, liabilities, and equity, or an individual part of a nation's balance of payments reflecting net change in ownership of national assets.

Owner's Equity

The residual interest in the assets of a business after all liabilities are deducted.

Liabilities

The sum of all debts and financial commitments a company owes to external parties, appearing on the company's balance sheet.

Normal Balances

The side (debit or credit) on which increases to the account are recorded, depending on the account type.

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