Q180
Type of institutions that write securities, engage in brokerage and security trading are considered as
A.
trading institutions
B.
activity institutions
C.
investment banks
AnswerD.
mortgage banks
Answer: Option C
Solution
Answer: Option C
Solution:
Type of institutions that write securities, engage in brokerage and security trading are considered as investment banks. An investment bank (IB) is a financial intermediary that performs a variety of services. Most Investment banks specialize in large and complex financial transactions, such as underwriting, acting as an intermediary between a securities issuer and the investing public, facilitating mergers and other corporate reorganizations and acting as a broker or financial adviser for institutional clients.