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Basic Question 5 of 15
______ connect buyers to sellers who are present at the same place but at different times.
B. Dealers
C. Arbitrageurs
A. Brokers
B. Dealers
C. Arbitrageurs
User Contributed Comments 4
| User | Comment |
|---|---|
| nike | brokers cannot connect them at the same time - they don't own things - they are just agents. |
| michlam14 | why not brokers? they execute trades on behalf of the customer, and most brokers are also dealers? |
| gill15 | brokers do connect them at the same time...then can only sell stuff when somebody is there to buy... Dealers trade with them...they can do it at different times... dont know what they mean by same place though |
| joeclark | Why different times? |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
describe types of financial intermediaries and services that they provide
CFA® 2024 Level I Curriculum, Volume 3, Module 1.