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An Exchange is the direct authority where the direct Trade execution happens and where as the broker dealer is a service offered by the Sell Side firms to their Clients (Buy Side, Hedge Fund) in trading the Securities by acting as a medium with the Exchanges and charging the commissions is return
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Difference between a stock broker and a stock dealer?
BrokersA broker's primary service is to buy and sell stocks on an exchange for members of the investing public who wish to own part of a company. When anyone decides to participate in the stock market, a broker is usually the first place they go. An account is set up for the client through which she trades stocks. The broker accepts stock orders from the client and then executes these directly on the exchange. A business that engages solely in broker services interacts with the stock market for its clients only. Every transaction made affects a client's account. For this reason, a broker is often referred to as an "agent." DealersA stock market dealer trades equities under its own name. The business itself maintains stock holdings that are not in the name of any client. The dealer may actually be a client of another broker, so as to trade these stocks for its own account. However, unlike a "trader," which maintains her own account with a broker that affects no one else, a "dealer" may use its portfolio to offer services to the public. "Market makers" are dealer businesses that continuously buy or sell certain securities from the public, using their own holdings for these transactions. Thus they are in the business of dealing securities independent of an exchange Read more: http://www.livestrong.com/article/121443-difference-between-broker-dealer/#ixzz29Pxln8C1
What is the difference between dealer and stock markets?
differance between stock market and dealer market?
How can you buy shares on Wall Street?
You buy them through either a broker or a broker-dealer. A stock dealer is like a dealer in any other product: it maintains an inventory of the product and sells it to customers. A stockbroker arranges transactions between people who have stock they would like to sell, and people who wish to buy it. This is the person you actually buy stock from. It is possible to own a brokerage that isn't a registered dealer, or a dealer that isn't a registered brokerage, but that's not how it's done anymore--the two functions are almost always combined into a "broker/dealer" company.
What is the nature of a stock broker?
Stock brokers are regulated professional individuals who are usually associated with a brokerage firm or broker-dealer. They buy and sell shares and other securities through a stock exchange or over the counter in return for a fee or commission. Their clients can be individuals or institutions.
Is selling concession selling commission?
Yes a selling concession is a selling commission of sorts. The difference is that in an initial public offering the securities are initially bought by the participating brokers at a discount and then immediately resold for the full amount. This spread is called the "selling concession". Although the terms are used interchangeably, a commission is associated with a broker where a concession is associated with a dealer. The difference is wether the agent in the middle uses his own money (dealer) or someone elses money (broker).
How does the role of a dealer differ from that of a commodities broker?
In contrast to the broker's role as an agent, a dealer acts as a principal in relations with customers. This is the only difference between commodities brokers and dealers.
Difference between a stock broker and a stock dealer?
BrokersA broker's primary service is to buy and sell stocks on an exchange for members of the investing public who wish to own part of a company. When anyone decides to participate in the stock market, a broker is usually the first place they go. An account is set up for the client through which she trades stocks. The broker accepts stock orders from the client and then executes these directly on the exchange. A business that engages solely in broker services interacts with the stock market for its clients only. Every transaction made affects a client's account. For this reason, a broker is often referred to as an "agent." DealersA stock market dealer trades equities under its own name. The business itself maintains stock holdings that are not in the name of any client. The dealer may actually be a client of another broker, so as to trade these stocks for its own account. However, unlike a "trader," which maintains her own account with a broker that affects no one else, a "dealer" may use its portfolio to offer services to the public. "Market makers" are dealer businesses that continuously buy or sell certain securities from the public, using their own holdings for these transactions. Thus they are in the business of dealing securities independent of an exchange Read more: http://www.livestrong.com/article/121443-difference-between-broker-dealer/#ixzz29Pxln8C1
What is the difference between a car "broker" and car "dealer" ?
Car brokers are hired by consumers to be on their side and to work the deal from a car dealer. Most of the time they can save the consumer a significant amount of money.
How do you get a car dealer and broker license in new york?
How do you get a car dealer and broker license in pa?
How is a foreign exchange market different from foreign exchange?
Foriegn Exchange invloves physical transaction of currencies from a dealer or broker. But Foreign Exchange Market involves a virtual transaction with real money. Foreign Exchange market is largest of all the markets and nearly 10 times bigger than NYSE. These simple sentences can't explain the difference. You need to drill more to know what it is.
What licensing is need for me to become a broker or dealer ?
It depends on what type of broker dealer you want to be. Try a Google search for it.
What is the difference between dealer and broker?
Broker buys/sells securties on his/her clients behalf and dealer buys/sells securties for his/her accounts. 1. A broker is a person who executes the trade on behalf of others, whereas a dealer is a person who trades business on their own behalf. 2. A dealer is a person who will buy and sell securities on their account. On the other hand, a broker is one who will buy and sell securities for their clients. 3. While dealers have all the rights and freedom regarding the buying and selling of securities, brokers seldom seldom have this freedom and these rights. 4. A broker has only a little experience in the field compared to dealers. It has also been seen that brokers become dealers once they get experience. 5. A broker is normally paid a commission for transacting the business. A dealer is not paid a commission, and he or she is a primary principal.
What is the difference between dealer and stock markets?
differance between stock market and dealer market?
Can broker dealer for sale help me find a good broker?
If you are the owner of a small business or in a position where you will be making a lot of upcoming transactions a broker dealer could be very helpful.
Where can I find an independent broker dealer?
If you need a broker deal but can't do it yourself you can get yourself an independent broker dealer. You can visit this site for more information on finding one: www.summitbrokerage.com.
Do you have to have a broker or dealer for a dealer paper?
No, you do not necessarily need a broker or dealer to engage in dealer paper transactions. Dealer paper refers to short-term promissory notes issued by a financial institution or corporation, and these can be bought or sold directly between parties without the need for an intermediary. However, brokers or dealers can facilitate transactions and provide access to a broader market.
Can you find a list of boutique broker dealer companies?
ConsumerBase - http://www.consumerbase.com - is a list broker company that can help you compile this list. We offer extensive lists, including those for broker dealer companies.
