Study for the Arizona State University Fin300 Final Exam. Prepare with multiple choice questions, each question comes with detailed hints and explanations. Get ready for your finance fundamentals exam!

A key feature of the broker market is that it includes agents who execute trades on behalf of clients. In this type of market, brokers act as intermediaries between buyers and sellers, facilitating transactions. They handle the logistics of executing trades, providing clients access to the market while often offering additional services such as research, advice, and investment strategies. This role is essential for ensuring liquidity and efficiency in the market, as brokers help to match supply and demand.

While other options may describe different types of markets or trading methods, the involvement of brokers is a defining characteristic of the broker market. Their expertise and services can significantly impact the trading experience for clients, making the broker market distinct from other trading environments, such as direct peer-to-peer trading platforms where transactions occur without intermediary agents.

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