A person who arranges trades between buyers and sellers and who stands ready to be a principal in the transaction is a
A)dealer.
B)broker.
C)market maker.
D)Both a and c are correct.

Question

Quizplus · Accepted Answer

A dealer is a person or firm that buys and sells securities for their own account, while a broker arranges trades between buyers and sellers but does not take a position in the transaction. A market maker is a type of dealer that helps to maintain liquidity in a particular security by buying and selling it regularly. Therefore, both A and C are correct as they refer to different types of intermediaries in the financial market.

A Person Who Arranges Trades Between Buyers and Sellers and Who