Exam 4: Financial Markets, Instruments, and Market Makers

All financial claims are which of the following?

A security may be called which of the following?

The __________ market is where previously-issued financial securities are bought and sold.

In 1997, the U.S. government began issuing

The __________ is the market for financial assets with an original maturity of greater than one year.

Bankers' acceptances are

Market makers function as

Since 1960, the growth of commercial paper has risen impressively due to

Money-market instruments created in the course of international trade to guarantee bank drafts are called

Which of the following basic functions do financial futures markets fulfill?

The role of the market maker in facilitating the buying and selling of securities to the public includes

The rate for borrowing reserves in the overnight market among depository institutions is which of these?

The price at which a market maker will sell a security is called the

An example of a U.S. government security is a

As compared to the total value of shares outstanding, the amount of new stock issues in a typical year is which of the following?

A person who for a fee arranges trades between buyers and sellers but does not act as a principal in the transaction is a

Which of the following classification pairs best describes financial markets based on whether they are "new" or "used" securities?

Those who disseminate information to potential buyers and sellers are called

The borrowing and loaning of reserves among depository institutions, typically overnight, occurs in the

U.S. government bonds are considered the