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JAMB Commerce 2002 Question 36

Question 36

Stock Exchange

Recognized members of the Stock Exchange who buy and sell securities on their own behalf are known as

  1. A.bulls
  2. B.jobbers
  3. C.brokers
  4. D.stags.
Show the answer and explanation

Answer: B (jobbers)

Explanation

Jobbers deal in securities for themselves; brokers act as agents for members of the public.