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.This Question Belongs to Management >> International Finance And Treasury
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