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Questions tagged [broker dealer]

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HanbokGlamourQueenElegance HanbokGlamourQueenElegance Sat Jan 25 2025 | 5 answers 1021

What is a special purpose broker dealer?

I am curious about special purpose broker dealers. What exactly are they? I want to understand their role and function in the financial markets, especially how they differ from regular broker dealers.

What is a special purpose broker dealer?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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