Asked by Nguyên Tr?ng on Apr 24, 2024
Verified
Most investors are members of the NYSE,or other stock markets,and therefore they do not need to use the services of a brokerage firm to buy or sell stocks.
NYSE
The New York Stock Exchange, one of the largest securities exchanges in the world, where stocks are bought and sold.
Brokerage Firm
A company that acts as an intermediary between buyers and sellers in investment transactions.
Buy or Sell
The decision-making process in trading or investing where "buy" refers to acquiring assets and "sell" signifies disposing of them.
- Present an overview of secondary markets and their responsibilities.
Verified Answer
AG
Alexiyana Gaston6 days ago
Final Answer :
False
Explanation :
Most investors are not direct members of stock exchanges like the NYSE and must use brokerage firms to execute their trades, as these firms act as intermediaries between the investors and the stock market.
Learning Objectives
- Present an overview of secondary markets and their responsibilities.
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