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3 years ago

PLEASE ANSWER ASAP! Which of the following statements are true about brokerage firms? (Select all that apply.)

Business

1 answer:

Zepler [3.9K]3 years ago

6 0

Answer:

C and E.

Explanation:

Brokerage Firms are those firms that acts an a middlemen between the buyer and a seller to expedite a transaction. It is a financial institutions that ease the buying and selling of securities. These companies also charge a amount of fee or compensation on the completion of transactions. A brokerage firm is also known as brokerage company or brokerage.

There are three types of brokerage firms. They are:

Full-service brokerage
Discount brokerage
Robo-advisors.

The discount brokerage provides less comprehensive services than the traditional one or the full-service brokerage. These services are provided via online as well by discount brokerage.

So, from the given options the correct options are C and E.

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Data provided

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