ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A broker is a person or company who works as a go-between for just a client and a stock market. When a company works as an intermediary for such a client and charges the customer a fee for its services, it is referred to as a broker.

Detailed explanation-2: -A stock trader is a person who attempts to profit from the purchase and sale of securities such as stock shares. Stock traders can be professionals trading on behalf of a financial company or individuals trading on behalf of themselves. Stock traders participate in the financial markets in various ways.

Detailed explanation-3: -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-4: -Traders work in different markets-stocks, debt, derivatives, commodities, and forex among others-and may specialize in one type of investment or asset class. A broker often spends a great deal of time keeping clients informed of variations in stock prices.