A broker market eliminates the need for time-consuming search for a fair deal by buying and selling immediately from its inventory of securities.

Name: A broker market eliminates the need for time-consuming search for a fair deal by buying and selling immediately from its inventory of securities.
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Question

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A broker market facilitates transactions by matching buyers and sellers, but it does not buy and sell from its own inventory; that is a characteristic of a dealer market.

A Broker Market Eliminates the Need for Time-Consuming Search for a Fair