Which of the following is not a feature of an exchange-traded market?It is a centralised and controlled financial market, where stockbrokers and traders can buy and sell financial products of listed businesses.Market demand and supply forces determine the pricing of securities.No middlemen are involved in these transactions. The market is composed of commercial and investment banks as well as other financial organisations that provide currency exchange service.
Question
Which of the following is not a feature of an exchange-traded market?It is a centralised and controlled financial market, where stockbrokers and traders can buy and sell financial products of listed businesses.Market demand and supply forces determine the pricing of securities.No middlemen are involved in these transactions. The market is composed of commercial and investment banks as well as other financial organisations that provide currency exchange service.
Solution
The statement "No middlemen are involved in these transactions" is not a feature of an exchange-traded market. In fact, brokers and dealers often act as intermediaries in these markets, facilitating transactions between buyers and sellers.
Similar Questions
The foreign exchange market is the market in which:Group of answer choicesforeigners buy U.S. real estateforeign stocks and bonds are bought and soldideas from different countries are exchangedcurrencies of different countries are bought and sold
There are two main categories of : exchange markets and over-the-counter markets.a.risky marketb.secondary marketc.floating marketd.primary market
If the company is issuing and trading new securities, such as stocks and bonds, which financial market is the company trading?a.Foreign exchange marketb.Money marketc.Derivatives marketd.Capital market
Which is a distinguishing feature of the money market? A. Trading of long-term securities B. High liquidity C. Focus on long-term financing D. Involvement of stock exchanges
Which of the following of these financial market definitions is least like the others?Group of answer choicesThe oldest stock exchange in the United States, founded in 1792. Merged in 2007 with the European stock exchange Euronext.Someone who buys and sells stocks from his or her own accounts or the accounts of the firm he or she represents.A person who owns stock; sometimes called a shareholder.A professional trader who buys and sells stocks for individuals and institutional customers.An organization (an insurance company or pension fund, for example) that invests in the stock market for clients.
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.