Type of exchange members who place buying and selling from public are classified as

A. floor broker
B. roof broker
C. broker of auction
D. leverage investment broker
✅ The correct answer is option A.
Type of exchange members who place buying and selling from public are classified as floor broker. A floor broker (FB) is an independent member of an exchange who is authorized to execute trades on the exchange floor on behalf of clients. A floor broker is a middleman who acts as an agent for clients, indirectly giving them the best access possible to the exchange floor.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top