Dictionary Meaning and Definition on 'Stockbroker'
n : an agent in the buying and selling of stocks and bonds
- Stockbroker \Stock"bro`ker\, n.
A broker who deals in stocks.
Wikipedia Meaning and Definition on 'Stockbroker'
A stock broker or stockbroker is a regulated professional broker who buys and sells shares and other securities through market makers or Agency Only Firms on behalf of investors. A broker may be employed by a brokerage firm.
A transaction on a stock exchange must be made between two members of the exchange—an ordinary person may not walk into the New York Stock Exchange (for example), and ask to trade stock. Such an exchange must be done through a broker.
There are three types of stockbroking service.
Roles similar to that of a stockbroker include investment advisor, and financial advisor. A stockbroker may or may not be also an investment advisor, and vice versa.[See more about Stockbroker at Dictionary 3.0 Encyclopedia]
Words and phrases related to 'Stockbroker'
Stockbroker Sample Sentences in News
- Income Tax Table: 'Stockbroker Belt' Top UK Highest Tax Payers' List
Almost all of the top 30 areas of the UK that are paying the highest average income tax are 'stockbroker belt' towns, according to a report. Research from accounting and auditing firm UHY Hacker Young shows that 28 of the top 30 areas are scenic towns situated within commuting distance of London, nicknamed 'stockbroker belt' towns because of the hi Read more on this news related to 'Stockbroker'
- Stockbroker faces damages claim from brother after Retirement Savings tank
LAUDERDALE, Fla., July 23, 2014 /PRNewswire/ -- A retired police captain who is the brother of a stockbroker has filed claim against him, alleging that his activities and those of Tampa based securities dealer Calton & Associates, Inc., resulted in enormous losses to his savings. The claim, filed with the Financial Industry Regulatory Authority (FINRA), by the l Read more on this news related to 'Stockbroker'
- Pope & Company's Jay Turner Initiates Research Coverage of KWG
Toronto stockbroker Pope & Company announced this morning that it has initiated research coverage on KWG Resources Inc. . Well-known mining analyst Jay Turner recommends the shares of KWG as a speculative ... Read more on this news related to 'Stockbroker'