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Please help out with this question from personal finace. Thank you Due to a bug in Chr, page my mt Click to 5. Features of
Please help out with this question from personal finace. Thank you
Due to a bug in Chr, page my mt Click to 5. Features of different broker types 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 chocsing a stcckbroker, Investors can choose from three primary types: full-service brokers, discount brokers, and online brokers. Brokers who offer a complete array of services such as advisory services along with executing client's transactions are called While some brokers still exclusively In person or exclusively online, the distinction between the three types has become Increasingly brokers; as you can see, 0W2r the years. The chart that follows shows fees Imposed by different discount of them offer both online and broker-assisted trades. sha reco Commission for Online Trades Market Order Price $7.95 Limit Order Price $7.95 Commission for Broker-Assisted Trades Market Order Price $20.00 Limit Order Price $20.00 AmeriTrading TradeBuiIder $9.99 $9.99 $44.99 $44.99 $7.95 $7.95 $32.95 $32.95 sha reFunder $9.95 $9.95 $19.95 $19.95 Because the fees charged for broker-assisted trades around before choosing a broker. eExchange $9.99 $9.99 $54.99 $54.99 to shop Suppose you are a serious Investor with large amounts of capital and prefer to deal directly with an in-person stcckbroker Which of the follow.'lng statements regarding your opbons are true? check all that apply. You can reduce the commissions you pay to brokers by purchasing odd lots." ,ctik traders can generally negotiate reduced fees. Cincosing a discount broker can save 30-80% of the commissions charged by full-service brokers. Few full-service and discount brokers offer the online capabilities of online brokers. This is a better opbon than online brokers for thcse who want services beyond Simply executing trades.
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