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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.

5. 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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