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
- Brent Sheather: Valuation still critical in share investing
One of the biggest problems with being a fund manager, stockbroker or financial planner is that you have to pay the rent and those other recurring expenses every year therefore saying that you think the stockmarket is expensive and... Read more on this news related to 'Stockbroker'
- Share takes market share as IPOs and new pricing attract punters
AIM-listed stockbroker Share impressed with annual results showing profits up 157 per cent and encouraging growth in its market share. Read more on this news related to 'Stockbroker'
- 'Stockbroker to stars' hit with new fraud charges
Dana Giacchetto, a disgraced former money manager whose extensive fraud was a subject of CNBC's "American Greed," is back to his old tricks. Read more on this news related to 'Stockbroker'