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EmilyZhou · 2024年07月30日

老师c是指什么?

NO.PZ2024022701000146

问题如下:

Financial intermediaries that help their clients arrange seasoned securities offerings are best known as:

选项:

A.investment banks.

B.commercial banks.

C.multi-lateral trading facilities.

解释:

Solution
  1. Correct because investment banks provide advice to their mostly corporate clients and help them arrange transactions such as initial and seasoned securities offerings. Additionally, a seasoned security is a security that an issuer has already issued. If the issuer wants to sell additional units of a previously issued security, it makes a seasoned offering (sometimes called a secondary offering).

  2. Incorrect because depository institutions include commercial banks, savings and loan banks, credit unions, and similar institutions that raise funds from depositors and other investors and lend it to borrowers. The banks give their depositors interest and transaction services, such as check writing and check cashing, in exchange for using their money.

  3. Incorrect because multilateral trading facilities (MTFs) are trading venues that function like exchanges but that do not exercise regulatory authority over their subscribers except with respect to the conduct of their trading in their trading systems.

Market Organization and Structure

老师c是指什么?请解释一下

1 个答案

王园圆_品职助教 · 2024年07月30日

同学你好,请看以下原版书截图,意思是ATS可以理解成一种没有监管参与的交易所,其中有些就几乎运作方式和交易所一致,但也有一些会依据客户的喜好有自己独特的运作机制。

既然是交易所的另一种形式,那主要的作用就是提供交易场所,而非作为中间商去帮助客户发行证券,所以本题不能选C

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