SETTLING NORTH AMERICA 1497 1732
THE SOUTHERN COLONIES SETTLEMENT AND GROWTH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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seller
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buyer
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broker
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client
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Detailed explanation-1: -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. Individual traders, also called retail traders, often buy and sell securities through a brokerage or other agent.
Detailed explanation-2: -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-3: -A stockjobber functioned like a market maker in stocks, buying and selling shares for their own account, and earning money from the bid-ask spread. A stockbroker instead facilitates orders on behalf of customers, earning a commission. A broker may have bought or sold securities from a jobber for their clients.