why is the avarage size of broker/ operations in general smaller than that of assets
Answers
Answered by
0
Answer:
the average size of broker
Explanation:
.A broker-dealer is a financial institution that trades securities on behalf of clients while also trading for its own account.
When a broker-dealer conducts orders on behalf of its customers, it is acting as a broker or agent, and when it trades on its own account, it is acting as a dealer or principal.
Based on assets under administration, here are the top 15 broker-dealers.
They serve as brokers for their customers, purchasing and selling shares on their behalf.
Similar questions