ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -In stock market jargon, a broker is an individual or a firm that executes ‘buy’ and ‘sell’ orders for an investor for a fee or commission. Besides executive client orders, some brokers also provide additional services such as research, intelligence, investment plans, margin funding and such other value-added services.

Detailed explanation-2: -A broker is an individual or firm that acts as an intermediary between an investor and a securities exchange. A broker can also refer to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.

Detailed explanation-3: -A stockbroker is a regulated representative of the financial market who enables the buying and selling of securities on behalf of financial institutions, investor clients, and firms. A stockbroker is also called a registered representative or a broker.

Detailed explanation-4: -A brokerage fee is a fee or commission a broker charges to execute transactions or provide specialized services on behalf of clients.

Detailed explanation-5: -Online brokers. A new form of digital investment that interacts with the customer on the internet. Discount brokers. A discount broker is a stockbroker who performs buy and sell orders at a reduced commission rate. Full-service brokers. 07-Dec-2022