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Many investors rely on human brokers to provide them investment advice and recommendations as well as execute their orders when trading in the Stock Market. If you don't use a middleman to buy and sell stocks, you are essentially trading without a broker.

Previously, it was necessary for traders to rely on brokers to buy and sell stocks. However, things have changed with the advent of online trading. By using online trading platforms, investors have limited the role of brokers. However, some people still prefer going through a full service broker for the expertise that they bring to the table!

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14y ago

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Difference between broker and jobbers?

The difference between a broker and jobbers is the role that they play in the buying and selling of stocks. A broker is hired by an investor to buy and sell stock for them. A jobber ensures that when the broker wants to buy or sell, that there is someone lined up for the broker to buy or sell from.


How corporations raise money?

by selling bonds and issuing stocks...


What is brokarage to broker?

Brokerage refers to the services provided by a broker, who acts as an intermediary between buyers and sellers in various markets, such as real estate, stocks, or insurance. Brokers facilitate transactions, offer advice, and help clients navigate the complexities of their respective markets. They typically earn a commission or fee for their services, which is known as brokerage. Essentially, brokerage encompasses the activities and functions that brokers perform to connect parties and complete deals.


What are junk stocks?

Junk stocks or Penny stocks are stocks of companies that are relatively new or very small. These companies are not fundamentally sound and do not follow efficient management practices. The chances of these companies posting good results and profits is low but since the price of these stocks are very low some people with heavy risk appetite invest in them. Since the chances of making money by investing in these low value stocks they are called junk stocks or penny stocks.


What is the difference between broker and jobbers?

A broker is a retailer of stocks and shares. His customers are investors, whether Gargantuan Insurance or Jane Doe. A jobber is a wholesaler of stocks and shares. His customers are brokers.

Related Questions

Can you explain what short selling stocks are?

In purchasing stocks, you buy a piece of ownership in the company. The buying and selling of stocks can occur with a stock broker or directly from the company.


How can I engage in buying and selling stock without a broker?

You can engage in buying and selling stock without a broker by using online trading platforms or apps that allow you to directly trade stocks on the stock market. These platforms typically charge lower fees compared to traditional brokers, but it's important to research and understand the risks involved in trading stocks on your own.


What makes a full-service broker a full-service broker?

Full-service brokers provide advice in addition to buying and selling stocks


Do I have to sign up with a broker company for buying stocks online?

You can buy and sell stocks online without having a broker. Ameritrade and Zecco are very good companies.


What type of broker must one find to buy gold stocks?

If you're thinking of investing in or purchasing gold stocks you will need to put yourself in contact with a stock broker. A stock broker is a professional individual who deals with the buying and selling of stocks and shares through a stock exchange.


Where can one go to learn about buying and selling?

Buying and selling is a very broad topic that likely refers to buying and selling stocks. One can learn about buying and selling stocks from many sources including Investopedia and About - Stocks.


How can a person make money in the stock market?

by buying and selling stocks majorly aside acting as a broker or jobber in the secondary market.


What makes a full-service broker full service?

Full-service brokers provide advice in addition to buying and selling stocks


What is the difference between a stock or commodity broker and a stock or commodity trader?

A Trader is someone who buys/sells stocks or commodities. A Broker is one who helps the trader in his buying/selling


What accurately describes what makes a full-service broker full-service?

Full-service brokers provide advice in addition to buying and selling stocks


Difference between broker and jobbers?

The difference between a broker and jobbers is the role that they play in the buying and selling of stocks. A broker is hired by an investor to buy and sell stock for them. A jobber ensures that when the broker wants to buy or sell, that there is someone lined up for the broker to buy or sell from.


The New York Stock Exchange is one location for buying selling or trading stocks Which is an abbreviation for another market for buying and selling stocks?

NASDAQ