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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

Answer: Option A

Solution (By Examveda Team)

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.

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