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Execution-only, which means that the broker will only carry out the client's instructions to buy or sell.

Advisory dealing where the broker advises the client on which shares to buy and sell, but leaves the final decision to the investor.

Discretionary dealing... the stockbroker ascertains the client's investment objectives and then makes all dealing decisions on the client's behalf. In addition to actually trading stocks for their clients, stock brokers may also offer advice to their clients on which stocks, mutual funds, etc. to buy.

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16y ago

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