Trading & MarketsCâu 88 / 125
A specialist or designated market maker (DMM) on an exchange is responsible for:
a.Setting corporate dividend policy
b.Auditing listed companies
c.Rating bonds
d.Maintaining a fair and orderly market in assigned securities
Giải thích
A designated market maker (formerly specialist) is charged with maintaining a fair and orderly market in assigned securities, providing liquidity by buying and selling for its own account when needed, and facilitating price discovery at the open and close. It must balance public buy and sell interest.
Luyện miễn phí toàn bộ 125 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- In a securities quote, the bid and ask represent:
- Regular-way settlement for most corporate stocks and bonds currently occurs on:
- The ex-dividend date is significant because an investor who buys the stock on or after that date:
- The primary market is where:
- A stock trading 'ex-rights' means the stock:
- A 'fill-or-kill' (FOK) order instructs the broker to:
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