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Business, 06.07.2021 15:10 FoxGirl1971

Broker-Dealer X receives an order from a customer who wants to buy 2,000 shares of a Nasdaq stock. X does not make a market in the stock. To fill the order, X buys 2,000 shares from a market maker that is at the inside offer price on Nasdaq and immediately sells the stock to the customer, charging a markup. This type of transaction would be considered:

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Broker-Dealer X receives an order from a customer who wants to buy 2,000 shares of a Nasdaq stock. X...
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