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5 August, 16:51

Who acts as the intermediary between companies issuing stock and investors who purchase the stock?

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  1. 5 August, 17:40
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    An investment bank acts as the intermediary between companies issuing stock and investors who purchase the stock.

    It is a private financial company and it provides many services, one of the service is underwriting for new stock issues. An investment bank is involved in moving of large amount of money.
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