This preview shows pages 1–3. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Question 5.12 Who are the regulators of the Australian securities market? Discuss their importance. ASIC Administers corporations act ACCC Protect competition in the market and prevents misleading and deceptive conduct from occurring ASX See above SFE Licensing, registration, inspection of operations of SFE Question 5.14 In executing trades, what types of orders can be placed? Market order buy or sell at best price Limit order buy or sell at or below/above a specified price Stop-loss order automatic sell if prices drop enough Question 5.15 Discuss margin trading Margin trading involves using borrowed money to make security purchases and to magnify returns on the investment When profits occur, the financial leverage arising in the margin trade generates a higher return on equity as opposed to un-margined investments Chapter 13 JESSICA YANG 3...
View Full Document
- Three '10