Session 13: Market Organization, Market Indices, and Market Efficiency
Reading 55: Market Organization and Structure
LOS d: Describe the types of financial intermediaries and the services that they provide.
Financial intermediaries that issue securities which represent interests in a pool of similar financial assets are best characterized as:
Securitizers are financial intermediaries that assemble large pools of similar financial assets, such as mortgages or loans, and issue securities that represent interests in the pool. Block brokers assist their clients with large trades of securities. Arbitrageurs simultaneously buy and sell the same asset in different markets to take advantage of different prices for the same asset. | 
发表于 2011-3-29 16:05
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