b) Forth Market
c) Third Market
d) Primary Market
e) All of these are false
The correct answer is b
The fourth market is the direct trading of stocks
by the institutional investors to avoid brokerage
commissions. It is a trading system used by institutions
to trade amongst themselves.
The third market is trading by nonexchange-member brokers/dealers and institutional investors of exchange-listed stocks. In other words, the third market is exchange-listed securities trading in the OTC market.
The secondary market is a market in which an investor purchases an asset from another investor rather than an issuing corporation. An example is the NYSE.
The primary market is where investors have the first opportunity to buy a newly issued security (like an IPO).
The key to this question is the relationship between margins and turns in the ROE portion of ratio models and formulas. ROE ...
The correct answer is: a) (II) is incorrect because if an investor has floating rate assets and is expecting interest rates ...
The correct answer is d. Since the Law of Locality applies, and King performs his business in Jurisdiction B (where securities ...
The correct answer is: A) We must first link the $800,000 today to the period when the perpetuity payments will begin. In ...
A examination to ensure a candidate is qualified to become a ...
A person who prepares investigative reports on equity securities. ...
An exam required for individuals seeking to engage in off-exchange ...
One who provides financial advice or guidance to customers for ...
An exam offered by the Financial Industry Regulatory Authority ...
An exam given by the Financial Industry Regulatory Authority ...