drop down choices:
1. discount brokers, online brokers, full-service brokers
2. clearer, blurred
3. some, all
4. are relatively consistent, can vary considerably
5. not worth, worth
How do transactions work in the securities markets? Transactions involving buying and selling securities are conducted through stockbrokers, who are also known as account executives or financial consultants. When choosing a stockbroker, Investors have three primary options: full-service brokers, discount brokers, and online brokers Brokers who charge low overheads, low fees and commissions but offer no additional services other than executing trade transactions are called over While some brokers still operate exclusively in person or online, the distinction between the three types has become Increasingly the years. The chart that follows shows fees imposed by different discount brokers; as you can see, of them offer both online and broker assisted trades. Broker TradeBuilder ShareCo AmeriTrading ShareFunder eExchange $7.95 $9.99 $7.95 $7.95 $9.95 $9.95 $9.99 $9.99 $7.95 $9.99 Commission for Online Trades Market Order Price Umit Order Price Commission for Broker Assisted Trades Market Order Price Limit Order Price $19.95 $20.00 $20.00 $44.99 $44.99 $32.95 $32.95 $54.99 $$4.99 $19.95 Because the fees charged for broker-assisted trades it is shopping around before choosing a broker Suppose you are a serious investor with large amounts of capital and prefer to deal directly with an in-person stockbroker. Which of the following statements regarding your options are true? Check all that apply. Choosing a discount broker can save 30-80% of the commissions charged by full service brokers med that follows Shows fees imposed by different discount brokers, as you can see, assisted trades. of them offer both online and broker Broker AmeriTrading TradeBuilder ShareCo ShareFunder eExchange $7.95 $9.99 $7.95 $9.95 $9.99 $7.95 Commission for Online Trades Market Order Price Limit Order Price Commission for Broker-Assisted Trades Market Order Price Limit Order Price $9.99 $7.95 $9.95 $9.99 $20.00 $44.99 $32.95 $19.95 $54.99 $20.00 $44.99 $32.95 $19.95 $54.99 Because the fees charged for broker-assisted trades shopping around before choosing a broker. Suppose you are a serious investor with large amounts of capital and prefer to deal directly with an in-person stockbroker Which of the following statements regarding your options are true? Check all that apply. Choosing a discount broker can save 30-80% of the commissions charged by full-service brokers, You can reduce the commissions you pay to brokers by purchasing "odd lots." If you want a full-service broker, it's wise to choose someone you can get to know socially Dreyfull service and discount brokers offer the online capabilities of online brokers