Question
What role is an investment firm performing when it facilitates trades on behalf of buyers and sellers without owning title to the securities they are
What role is an investment firm performing when it facilitates trades on behalf of buyers and sellers without owning title to the securities they are dealing with at any time during the transactions?
Agent
Broker
Principal
Underwriter
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter, Wajeeh Elali, Amer Al Roubaix
Arab World Edition
1408271583, 978-1408271582
