What is brokering?

Business & Management
#1

The sale and purchase of shares on the behalf of their clients. They charge a brokerage to do this and this is called as brokering.

#2

A broker is an individual or a firm that charges a fee or a commission for performing the broker services.

This commission is called the brokerage. A broker acts as an agent for the customer and purchases and sells financial securities on behalf of the customer.

Brokers are specially trained and also provide important advises to customers regarding which investments to undertake and which not.

#3

What is STOCK BROKING?
A stockbroker is a middle person or the point of contact of the investor and the company he is investing in to buy and sell the stock or the securities on behalf of the investor. They also provide the investor information about the company stock at which level they are trading as they know the market. They also maintain the record of the transactions and statements made about the number of shares purchased. They manage their portfolio and recommend any changes according to the market fluctuations. Based on their service, they are usually divided into two types of stockbrokers.

  1. Full-service stockbrokers
    These are the traditional type stockbrokers who offer to buy and sell the stocks and analyse the company and research facilities as well. The chargers are high for these services when compared to discount stock brokers
  2. Discount stockbrokers
    They are emerged due to the rise of the internet across the country, which made investors easy to buy and sell stocks.