COMPUTER APPLICATIONS
E COMMERCE AND E BUSINESS APPLICATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Information Broker
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Transaction Broker
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Virtual Broker
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Portal Broker
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Detailed explanation-1: -A broker is a person or company who works as a go-between for just a client and a stock market. Personal traders and investors utilize the assistance of exchange members since stock markets cannot accept orders from persons or organizations that are members of the exchange.
Detailed explanation-2: -Its role primarily consists of providing a point of contact for institutional clients seeking to buy or sell financial or non financial products. Regulatory restraints require the broker to act as a pure intermediary, taking no positions or dealing risks in the financial markets.
Detailed explanation-3: -A brokerage acts as a broker (or agent) when it executes orders on behalf of its clients, whereas it acts as a dealer, or principal when it trades for its own account.