SIE Exam Practice Question 733
Question: 733
Which of the following is a broker in the futures market who has a direct relationship with a client, but delegates the work of the floor operation and trade execution to another futures merchant?
Correct Answer: D
Explanation:
An introducing broker is a broker in the futures market who has a direct relationship with a client, but delegates the work of the floor operation and trade execution to another futures merchant.
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