A dealer who buys securities at low prices in anticipation of reselling them at higher prices is called a
Source: JAMB · 2024
A dealer who buys securities at low prices in anticipation of reselling them at higher prices is called a
Explanation
A bull buys shares expecting prices to rise. They want to sell later at higher prices for profit.
A bear expects prices to fall and sells first. Brokers trade for others. Jobbers buy and sell for themselves.
Bulls are optimistic about the market. Bears are pessimistic.
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