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What is the new trading service offered by the broker to entice Carter and other asset managers?

1) Low-fee, execution-only trades
2) Full-service, execution-and-research trades
3) Proprietary research
4) Client brokerage arrangements

User Drewlio
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1 Answer

5 votes

Final answer:

The question lacks the required detail to determine which new trading service is offered by the broker to entice asset managers like Carter. Brokers often provide a variety of services to appeal to different client needs, including low-fee trades, full-service trades with research, proprietary research, and client brokerage arrangements.

Step-by-step explanation:

The new trading service being offered by the broker to entice Carter and other asset managers is not specified in the question stem provided. Typically, brokers may offer a range of services to attract clients, which could include low-fee, execution-only trades; full-service, execution-and-research trades; proprietary research; or client brokerage arrangements. Asset managers like Carter would evaluate these services based on their specific investment strategies, client needs, and the value they place on research, execution quality, and costs.

For instance, low-fee, execution-only trades are appealing to asset managers who have their own research teams and are looking to minimize trading costs. On the other hand, full-service, execution-and-research trades might be valuable for those who want a comprehensive approach that includes both market execution and insights. Proprietary research can give asset managers an edge if the broker's analyses offer unique perspectives or data. Lastly, client brokerage arrangements may involve benefits like soft dollars that can be used to purchase research or other services.

Without more context, it's not possible to determine which specific service is being referred to in the question. Asset managers must analyze their needs in detail before selecting a trading service that aligns with their investment objectives and client demands.

User Frank Smith
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