Question 7
Explain the following terms as used on the stock exchange market:
(a) Backwardation
(b) Bear
(c) Jobber
(d) Jobber's turn
(e) Brokerage
Theory
Explain the following terms as used on the stock exchange market:
(a) Backwardation
(b) Bear
(c) Jobber
(d) Jobber's turn
(e) Brokerage