As we know that we cannot buy or sell from share directly stock exchanges, for this we need an intermediator, that intermediator can be a company, bank, or any firm which we call broker for us. The intermediator works between us and stock exchanges.
A stockbroker can be either an individual or can be a brokerage firm, most people work in brokerage firm only.
The work of a stockbroker is to deliver our order to stock exchanges so that we can buy or sell the share. When we place our order, the broker takes our order and places it in the stock exchanges where our order is matched, our order is completed when the order is matched.
A stockbroker can be either an individual or can be a brokerage firm, most people work in brokerage firm only.
The job of a stockbroker is to deliver our order to stock exchanges so that we can buy or sell the share. When we place our order, the broker takes our order and places it in the stock exchanges where our order is matched, our order is completed when the order is matched.
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