JAMB Commerce 2012 Question 35

Question 35

Stock Exchange

Dealing in quoted securities on the Nigerian Stock Exchange is restricted to authorized

  1. A.companies
  2. B.brokers
  3. C.investors
  4. D.principals.
Show the answer and explanation

Answer: B (brokers)

Explanation

Only licensed stockbrokers may buy and sell on the floor of the Exchange for the public.