6. When an institutional client purchases goods or services through commission dollars, this is known as...

   1. a) origination.

   2. b) underwriting.

   3. c) a rebate arrangement.

   4. d) a soft dollar arrangement.

7. The institutional salespersons main job is to...

   1. a) bring in new business.

   2. b) generate commissions.

   3. c) be a relationship manager.

   4. d) provide market commentary.

8. Another name for the liability trader is...

   1. a) agency trader.

   2. b) coverage trader.

   3. c) proprietary trader.

   4. d) dealer-member trader.