Accountancy, asked by blackqueen1234, 6 months ago

what is trading account

Answers

Answered by 10thaekatachavan

Answer:

Trading account assets refer to a separate account managed by banks that buy U.S. government securities and other securities for their own trading account or for resale at a profit to other banks and to the public, rather than for investment in the bank's own investment portfolio

Answered by gulsatiyasunita

Answer:

Separate account managed by banks that buy U.S. government securities and other securities for their own trading account or for resale at a profit to other banks and to the public, rather than for investment in the bank's own investment portfolio.

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