Which of the Following Is NOT a Characteristic of a Dealer

question 63

Multiple Choice

Which of the following is NOT a characteristic of a dealer market?

• A)Dealers make a profit on the spread between what they pay for financial assets and what they sell them for.
• B)Securities are auctioned off to the highest bidder.
• C)Dealers buy and sell from their own portfolio.
• D)All of the above are characteristics of the dealer market.

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Definitions:

Mission

The fundamental purpose or goal that guides an organization, outlining its values, aims, and reasons for existing.