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5 . True or False a . Dealer markets dominate trading in currency, bonds and swaps. b . Dealer markets facilitate direct trade between customers.
True or False
a Dealer markets dominate trading in currency, bonds and swaps.
b Dealer markets facilitate direct trade between customers.
c By law, dealers must quote the same bid and offer to all customers.
d A customer who doesnt want to take a dealers bid or offer can make their own bid or offer in the interdealer market.
e In a dealer market, a customer can generally judge the reasonableness of the dealers bid or offer by comparing the bid or offer to the last reported trade price.
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