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
- Stockbroker NCB rebrands by taking the name of parent company Investec
NCB staff to relocate to Investec’s Irish head office in the Harcourt Building Read more on this news related to 'Stockbroker'
- Stockbroker Quits Job, Opens Food Truck
The Salsa Truck became Chicago's first licensed mobile food preparer. Photo Credit: NBCChicago.com Read more on this news related to 'Stockbroker'
- Fugitive S.F. stockbroker shot dead in Caribbean
Tom Somach Special to The S.F. Examiner Stockbroker Steve Schillinger had worked at San Francisco’s Pacific Exchange for more than two decades when officials there discovered that he was taking illegal sports bets from other brokers and fired him. The year was 1996. Needing a new job and intrigued by the explosive growth of the Internet, Schillinger moved to Ant Read more on this news related to 'Stockbroker'