Type of exchange members who place buying and selling from public are classified as

A floor broker
B roof broker
C broker of auction
D leverage investment broker

Correct Answer: floor broker

Type of exchange members who place buying and selling from public are classified as floor broker. A floor broker (FB) is an independent member of an exchange who is authorized to execute trades on the exchange floor on behalf of clients. A floor broker is a middleman who acts as an agent for clients, indirectly giving them the best access possible to the exchange floor.
Bissoy MCQ
#Management #International Finance And Treasury

Related Questions

Type of unit which guarantees that all buying and selling will be made by traders of exchange is called
A trading house
B guarantee house
C clearing house
D professional house
The visibility of a property or method can be defined by prefixing the declaration with the keywords public, protected or private. Class members declared public can be accessed everywhere. Members declared protected can be accessed only within the class itself and by inherited classes. Members declared as private are not accessible.
A True
B False
Position which occurs because of selling floor and buying cap is classified as
A floating collar
B fixed collar
C currency collar
D collar
Type of exchange members who only buy and sell for their personal account are classified as
A non-investment traders
B professional traders
C commercial traders
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In a club 60% members are male and 70% members are graduates. Again, 50% of the graduate members are male. What percent of the club members are female and not graduate?
A 5%
B 10%
C 15%
D 20%
If the members of the Public service Commission are V ,W and Z , and If the Rent control Commission is to have as many members in common with the Public Service Commission as the rules allow , the Rent Control Commission must consist of __
A U , W and Z
B V, X and Z
C X, y and Z
D V , W and Z
If the members of the Public Service Commission are V,W, and Z, and if the Rent Control Commission is to have as many members in common with the public service commission as the rules allow, the Rent Control Commission must consist of
A U,V, and W
B V,W, and Z
C V,W, and Z
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Four staff members at a certain company worked on a project. The amounts of time that the furn staff members worked on the project were in the ratio 2 to 3 to 5 to 6 If one of the four staff members worked o the project for 30 hours, which of the following CANNOT be the total number of hours that the for staff members worked on the project?
A 192
B 96
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Four staff members at a certain company worked on a project. The amounts of time that the furn staff members worked on the project were in the ratio 3 to 4 5 to 6 . If one of the four staff members worked on the project for 60 hours, which of the following CANNOT be the total number of hours that the four staff members worked on the project ?
A 540
B 270
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Buying and selling of mass consumer goods and services comes under which of the following markets?
A Business markets
B Global markets
C Consumer markets
D Government markets

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