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Share Market Terms , Definition and Meaning - Alphabetical LISTING - A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, Y, Z
Broker A member of the stock exchange who is licensed to buy or sell shares on his own or on his client’s behalf. He charges a commission (brokerage) on the gross value of the deals. Commission brokers simply execute buy or sell orders against a commission. Full service brokers simply execute buy or sell orders against a commission. Full service brokers offer facilities such as safekeeping clients’ shares and bonds, offering investment advice, planning clients’ portfolios of investments, managing clients’ portfolios and offering credit when a client is buying on MARGIN.
Commission brokers usually charge around 2% of the gross value of a deal; in some cases there is a minimum charge.
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Share Market Terms , Definition and Meaning - Alphabetical LISTING - A, B, C, D, E, F, G, H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, Y, Z
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