Kizspy | Question: 4
(Choose 1 answer)
Which of the following statements is true about dealer markets?
A. NYSE is the best-known example of a dealer market.
B. A dealer market involves time-consuming search for a fair deal.
C. The advantage of a dealer over a brokered market is that brokers cannot guarantee that an order will be
executed promptly, while dealers can promise execution due to their holding of inventory of securities.
D. Buying and selling in dealer markets take quite some time to execute.
