Commerce JAMB

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

A. companies
B. brokers
C. investors
D. principals.

Correct Answer:

Option B – brokers

Explanation

A quoted security is a marketable security in a class of marketable securities listed for quotation on a stock market of a securities exchange. Itn the NSE it is stock brokers that deal on such securities.

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