Get premium membership and access questions with answers, video lessons as well as revision papers.
• This is a dealer who trades in securities in his own right as a principal.
• He can set prices and activate the market through his own buying and selling hence he is a market maker.
• He engages in speculation and earns profit called Jobbers’ turn (selling price – buying price).
• He does not deal with members of the public unlike brokers. However, brokers can buy and sell shares through jobbers.
Kavungya answered the question on March 12, 2019 at 05:27
- Describe a broker.(Solved)
Describe a broker.
Date posted: March 12, 2019. Answers (1)
- Give the advantages of Investing In Shares.(Solved)
Give the advantages of Investing In Shares.
Date posted: March 12, 2019. Answers (1)
- Describe the examples of financial intermediaries in Kenya.(Solved)
Describe the examples of financial intermediaries in Kenya.
Date posted: March 12, 2019. Answers (1)
- Define financial intermediaries.(Solved)
Define financial intermediaries.
Date posted: March 12, 2019. Answers (1)
- Give the features of OTC Markets.(Solved)
Give the features of OTC Markets.
Date posted: March 12, 2019. Answers (1)
- Describe the types of Stock Markets.(Solved)
Describe the types of Stock Markets.
Date posted: March 12, 2019. Answers (1)
- State the roles of Secondary Markets in the Economy.(Solved)
State the roles of Secondary Markets in the Economy.
Date posted: March 12, 2019. Answers (1)
- Give the economic Advantages of Primary Markets.(Solved)
Give the economic Advantages of Primary Markets.
Date posted: March 12, 2019. Answers (1)
- Give examples of Financial Instruments in Money market.(Solved)
Give examples of Financial Instruments in Money market.
Date posted: March 12, 2019. Answers (1)
- Give examples of Capital market financial institutions.(Solved)
Give examples of Capital market financial institutions.
Date posted: March 12, 2019. Answers (1)
- Give the Functions of Capital Markets.(Solved)
Give the Functions of Capital Markets.
Date posted: March 12, 2019. Answers (1)
- State the Functions of Financial Markets in the economy.(Solved)
State the Functions of Financial Markets in the economy.
Date posted: March 11, 2019. Answers (1)
- Give the Reasons for Significant Growth in Venture Capital in the Developed Countries.(Solved)
Give the Reasons for Significant Growth in Venture Capital in the Developed Countries.
Date posted: March 11, 2019. Answers (1)
- State the Advantages and disadvantages of Overdraft Finance.(Solved)
State the Advantages and disadvantages of Overdraft Finance.
Date posted: March 11, 2019. Answers (1)
- Give the Reasons Why Lease Finance Is Not Well Developed In Kenya.(Solved)
Give the Reasons Why Lease Finance Is Not Well Developed In Kenya.
Date posted: March 11, 2019. Answers (1)
- Give the advantages and disadvantages of leasing assets.(Solved)
Give the advantages and disadvantages of leasing assets.
Date posted: March 11, 2019. Answers (1)
- Give the Advantages of Using a Bill as a Source of Finance.(Solved)
Give the Advantages of Using a Bill as a Source of Finance.
Date posted: March 11, 2019. Answers (1)
- Give reasons Why It May Be Difficult For Small Companies To Raise Debt Finance In Kenya.(Solved)
Give reasons Why It May Be Difficult For Small Companies To Raise Debt Finance In Kenya.
Date posted: March 11, 2019. Answers (1)
- Give the Similarities between Debt and Preference Share Capital(Solved)
Give the Similarities between Debt and Preference Share Capital
Date posted: March 11, 2019. Answers (1)
- Give the Similarities between Preference and Equity Finance(Solved)
Give the Similarities between Preference and Equity Finance
Date posted: March 11, 2019. Answers (1)