A _____ is a member of the stock exchange but he buys and sells securities on his behalf.

stag

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jobber

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bull

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bear

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Solution

The correct option is B jobber
A jobber is a member of the stock exchange but he buys and sells securities on his behalf. Jobber is often regarded as market maker. Jobber can be defined as a broker who is prepared to buy and sell stocks at highly competitive prices on behalf of market participants.

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A _____ is a member of the stock exchange but he buys and sells securities on his behalf.

The correct option is B jobberA jobber is a member of the stock exchange but he buys and sells securities on his behalf. Jobber is often regarded as market maker. Jobber can be defined as a broker who is prepared to buy and sell stocks at highly competitive prices on behalf of market participants.

The correct option is B jobber
A jobber is a member of the stock exchange but he buys and sells securities on his behalf. Jobber is often regarded as market maker. Jobber can be defined as a broker who is prepared to buy and sell stocks at highly competitive prices on behalf of market participants.