Assignment: Chapter 11 Investment Planning How do transactions work in the securities markets? Transactions involving buying and selling securities are conducted through stockbrokers, who are also known as account executives or financial consultants. When choosing a stockbroker, Investors have three primary options: full-service brokers, discount brokers, and online brokers Brokers who offer services at low commissions and allow investors to execute trades themselves electronically are called over While some brokers still operate exclusively in person or online, the distinction between the three types has become increasingly the years. The chart that follows shows fees imposed by different discount brokers; as you can see of them offer both online and broker assisted trades Broker TradeBuilder ShareCo AmeriTrading ShareFunder eExchange Commission for Online Trades $7.95 $9.99 $7.95 $9.99 $9.95 Market Order Price $9.99 $7.95 $7.95 $9.95 $9.99 Limit Order Price Commission for Broker-Assisted Trades $44.99 $32.95 $19.95 520.00 $54.99 $54.99 Market Order Price $32.95 $19.95 $20.00 $44.99 Limit Order Price Limit Order Price $20.00 $44.99 $32.95 $19.95 $54.99 Because the fees charged for broker-assisted trades it is shopping around before choosing a broken Suppose you are a serious investor with large amounts of capital and prefer to deal directly with an in-person stockbroker, Which of the following statements regarding your options are true? Check all that apply. The commissions charged on buy and sell orders are non-negotiable. Active traders can generally negotiate reduced fees. Choosing a discount broker can save 30-80% of the commissions charged by full-service brokers You can reduce the commissions you pay to brokers by purchasing "odd lots Grade It Now Save & Continue Continue without saving