a. Individual investors who purchase stock on margin might as well go to Vegas. b. During a

Question:

a. "Individual investors who purchase stock on margin might as well go to Vegas."
b. "During a major market downturn, market makers are suddenly not available."
c. "The trading floor may become extinct due to ECNs."
Interpret the above comments made by Wall Street analysts and managers.
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...