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 can choose from three primary types: full-service brokers, discount brokers, and online brokers. Brokers who offer services at low commissions and allow investors to execute trades themselves electronically are called While some brokers still operate exclusively in person or exclusively online, the distinction between the three types has become increasingly over 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. ShareCo AmeriTrading TradeBuilder 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 Limit Order Price Commission for Broker-Assisted Trades Market Order Price Limit Order Price $20.00 $20.00 $44.99 $44.99 $32.95 $32.95 $19.95 $19.95 $54.99 $54.99 Because the fees charged for broker-assisted trades to shop 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. ShareCo AmeriTrading TradeBuilder ShareFunder eExchange $7.95 $7.95 $9.99 $9.99 $7.95 $7.95 $9.95 $9.95 $9.99 $9.99 Commission for Online Trades Market Order Price Limit Order Price Commission for Broker-Assisted Trades Market Order Price Uimit Order Price $19.95 $20.00 $20.00 $44.99 $44.99 $32.95 $32.95 $54.99 $54.99 $19.95 Because the fees charged for broker-assisted trades to shop 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." This is a better option than online brokers for those who want services beyond simply executing trades. Brokers prefer working with you if you're a buy-and-hold investor Active traders can generally negotiate reduced fees. Grade New Save & Continue Continue without saving 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 can choose from three primary types: full-service brokers, discount brokers, and online brokers. Brokers who offer services at low commissions and allow investors to execute trades themselves electronically are called While some brokers still operate exclusively in person or exclusively online, the distinction between the three types has become increasingly over 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. ShareCo AmeriTrading TradeBuilder 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 Limit Order Price Commission for Broker-Assisted Trades Market Order Price Limit Order Price $20.00 $20.00 $44.99 $44.99 $32.95 $32.95 $19.95 $19.95 $54.99 $54.99 Because the fees charged for broker-assisted trades to shop 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. ShareCo AmeriTrading TradeBuilder ShareFunder eExchange $7.95 $7.95 $9.99 $9.99 $7.95 $7.95 $9.95 $9.95 $9.99 $9.99 Commission for Online Trades Market Order Price Limit Order Price Commission for Broker-Assisted Trades Market Order Price Uimit Order Price $19.95 $20.00 $20.00 $44.99 $44.99 $32.95 $32.95 $54.99 $54.99 $19.95 Because the fees charged for broker-assisted trades to shop 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." This is a better option than online brokers for those who want services beyond simply executing trades. Brokers prefer working with you if you're a buy-and-hold investor Active traders can generally negotiate reduced fees. Grade New Save & Continue Continue without saving
