Inancial Management of the American Stock Exchange and the NASDAQ
This Assignment has 2 parts an A and B, please write and list as A and B with the follow request.
Deliverable Length: 3 pages + references
Part A/Details: You have been asked to write a report for a group of new stock brokers about the American Stock Exchange and the NASDAQ.
Visit both the American Stock Exchange (AMEX): Details: After submitting the report above, one of the new brokers asks the three questions below and requests a written response:
1. What are the economic functions financial intermediaries perform?
2. What is the role of broker in the financial market?
3. How has that role changed since the inception of on-line investing?
Objective of part B: Explain financial intermediation and the role of financial institutions.