Which of the following is (are) true?
Dealers trade from their own inventory.
Brokers earns a profit on the bid-ask spread.
Market participants that match buyers and sellers of assets are referred to as dealers.
Brokers earn a commission or fee for services provided.
If the bid-ask spread is larger, then dealers earn a higher profit per transaction.
Market participants that facilitate transactions by connecting buyers of assets with sellers of the same assets are referred to as brokers.