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Business, 18.08.2021 01:00 LilFlamingo247

A customer contacts her registered representative to buy an OTC stock. Rather than buying the shares directly from a market maker, the broker-dealer contacts another broker-dealer and that firm buys the shares from a market maker. Since this creates two levels of transaction fees, it is referred to as:

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A customer contacts her registered representative to buy an OTC stock. Rather than buying the shares...
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