- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 1. Market Organization and Structure
- Subject 3. Financial Intermediaries
CFA Practice Question
______ 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
Correct Answer: B
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? |