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Q: Is it possible for someone to close a joint tendency brokerage account without the other person?
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Why should someone use a brokerage firm?

Someone who knows of a company whose stock they want to purchase can talk to a stockbroker from a brokerage firm and the brokerage company will do all the work for the individual for a percentage.


What web companies offer the chance to try out a demo account?

If someone wants to try out a demo account for someone such as Microsoft or AOL then it is possible for one to be set up for therm. Pretty well all web companies will et a user have a demo account if they wish and usually they just need to apply for it.


Can someone deposit money into account for you?

yes as long as they have the account details.


How do you sell stocks short?

Short selling consists of borrowing someone else's stock and selling them. You would do this since you believe that thestock will drop in price, which will allow you to buy it back at a cheaper price. It is the same concept as "buy low, sell high" but in reverse order. You will need a margin account with a brokerage firm to do this. A margin account is a brokerage account that allows you to borrow money or stock for the purpose of investing. When your brokerage firm receives your sho sell order, it will first check to see if there is another client in their firm that is holding the stock you wish to short sell in their margin account. You are not allowed to borrow the stock from an account that isn't a margin account. If the shares are available, you will be able to sell it. Short selling has a special rule called he "downtick rule". This means that your order will not execute if the last trade price on the stock was lower than the previous trade price. In other words... if the stock you wish to short sell last traded at $10 and the trade before that was at $11, your trade order will not execute until the stock "ticks" up in price. This rule was implemented to prevent short sale orders from driving down the prices of the stock during volitile and frenzied tradiing sessions. Sometimes, you may be forced to buy back the stock before you wish. This will happen because the person from whom you borrowed the stock (the identity of which you will never know) may decide to sell their shares and your brokerage firm cannot find someone else from whom you can borrow shares. This is an important risk to keep in mind when short sellling... you may be forced to buy the shares back even though you may not want to. In order for a stock to be "short-saleable", it has to be considered "marginable". there are federal rules on what makes a marginable stock, but many brokerage firms implement margin rules that are more stringent than the feds. Thus, a stock that is considered marginable in one brokerage firm, may not be marginable at another.


Why would someone need a 529 account?

A 529 account is a good idea for someone who is saving for college for their child. This option is a good choice because there are tax benefits to this type of account.

Related questions

Why should someone use a brokerage firm?

Someone who knows of a company whose stock they want to purchase can talk to a stockbroker from a brokerage firm and the brokerage company will do all the work for the individual for a percentage.


What is a stock brokerage?

A stock brokerage is the intermediary between someone selling stock and someone buying it. A stock brokerage is the middle man between stock sellers and stock buyers. They are the ones that 'broker' the deal between the two parties.


Is it possible to break into someone else's MySpace account?

Think so.


How do you buy and sell a stock?

There are a few ways. The most common is to open a brokerage account (the minimum amount you can open an account with by law is $1000, but many brokerages require more) then buy and sell through the brokerage. It's possible to buy stock directly from some companies. You normally must already be a stockholder in that company to do that. There are a lot of employee investment programs out there that let people who work for the company directly purchase its stock. And finally, if you know someone who either has the stock you want or wants to buy what you have, you can deal directly with that investor.


How can I be found on Facebook when I didn't register?

You shouldn't be seen if you don't have an account, unless someone made a fraud account of you. It may also be possible that someone with your exact name has signed up for an account.


How can someone open up commodities trading account?

One can open up commodities trading accounts through a brokerage firm. It may cost per trade however it will be safe to keep all commodities in one place, one account.


Where can someone get good advice on investment brokerage?

To get good advice on investment brokerage, one can contact a broker personally to ask of an unbiased opinion of other brokerage firms. Brokers will usually give a detailed answer of an investment brokerage that should help the customer with his or her needs.


How do you get into someone else's moshi monsters account without a password?

This isn't possible.


Is it possible to get into anyone's Facebook account using onlinehack.business.site?

Is it really so easy to get into into someone's email account using onlinehack.business.site?


Can someone give you a free high lvl wizard 101 account?

It is possible, but unlikely.


Can someone trade with you with dragonfable account?

Trade is not possible in dragonfable and there's no plans to add it.


Can someone help me using this account I just don't know how to use it well?

To use this account, just post a question as clearly as possible. Once posted, someone will try to answer it for you.