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Which of the following is an accurate statement of the difference between brokers and dealers? A dealer holds an inventory of assets to trade from
- Which of the following is an accurate statement of the difference between brokers and dealers?
- A dealer holds an inventory of assets to trade from if need be, while brokers do not.
- Brokers are financial intermediaries both online and in person, while dealers only operate online.
- Dealers make their money through transaction fees, while brokers make theirs on a bid-ask spread.
- Brokers were historically known as market makers, while dealers were historically known as market buyers.
- A dealer holds an inventory of assets to trade from if need be, while brokers do not.
- Brokers are financial intermediaries both online and in person, while dealers only operate online.
- Dealers make their money through transaction fees, while brokers make theirs on a bid-ask spread.
- Brokers were historically known as market makers, while dealers were historically known as market buyers.
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