JSE Securities Exchange is the largest stock exchange in Africa. The JSE provides a market where securities can be traded freely

Question

3 years ago

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JSE Securities Exchange is the largest stock exchange in Africa. The JSE provides a market where securities can be traded freely

under a regulated procedure. The company acts as an intermediary between the traders. JSE is an example of a(n) ________.

Social Studies

1 answer:

podryga [215] · Answer 1 · 2022-09-04T07:19:11+03:00

Answer: Market maker

Explanation:

Market maker is the person who is participant of market through buying and selling securities ,commodities etc. The person tends to buy shares from the market at low price and then sell them at a higher price.This trading technique helps them in making money .

According to the question, JSE security exchange is market maker.This stock exchange company helps in trading the securities between the trading parties.