A stockbroker is an agent who does trading in stock on behalf of another person or company and charges a commission on the transaction,chanel españa. There are 3 types of brokers namely,chanel España, full service brokers,gafas carrera, discount brokers and banks,ray ban baratas. A full service broker executes sell or buy orders and also gives investment advice,gafas carrera 2013. He or she usually charges more per transaction,oakley españa. A discount broker executes sell or buy orders and offers no advice,gafas sol ray ban. They usually charges a lesser amount,oakley españa. Some banks and credit unions have a tie up with brokers for trading,Polo Ralph Lauren.
Electronic trading of stocks is generally done through banks or credit unions,Related articles:
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http://gafascarreraoutlet.webs.com/,bolsos chanel. The banks generally charge a flat rate per transaction,gafas ray ban españa.
To raise capital,bolsos chanel, companies sell shares to individuals and the capital raised is called stock,bolsos chanel 2.55. The values of the shares fluctuate in the market due to various reasons like macroeconomic reasons,Lentes ray ban, industrial reasons,oakley gafas, company reasons and market sentiments,gafas carrera españa.
The function of a stockbroker is to find a buyer to sell the stocks of a seller,ray ban 3025 aviator. They acts as a common platform for the seller and buyer,Polo Ralph Lauren outelt. This way the seller and buyers do not have to search for each other,gafas carrera españa. For making the transaction the stockbroker charges a commission,Polo Ralph Lauren. The commission charged by the stockbroker is either a flat rate per transaction or percentage based,Ralph Lauren España.
Most stockbrokers also give advice on purchase/sale of stock and likely result of the transaction,gafas sol carrera. Stockbrokers are sometimes called financial advisers or investment advisors,ray ban españa. However the financial/investment advisors are different from the stockbroker in that they have to pass an examination and they have a fiduciary duty to give full disclosure to the client on commission,gafas carrera safari, fees and to keep clients best interest in view,gafas carrera.
However a conflict of interest arises between the client and the investment advisor as for every transaction the stockbroker gets a commission,chanel España. So the stockbrokers emphasis will be on more number of transactions and not on the profit of the client,Stockbrokers Trade For You,Polo Ralph Lauren España. Whereas the clients interest will be in profit and not in number of transactions,Stockbrokers Trade For You,gafas ray ban precios.
Occasionally the client authorizes the stockbroker to sell or purchase stock on behalf of the client as and when necessary,Related articles:
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http://gafascarreraoutlet.webs.com/,Gafas ray ban. This is done to maximize profit and/or minimize loss to the client depending upon market fluctuations,Lentes ray ban.
With the advent of the internet and automated stock broking systems the client usually has no personal contact with a stock broker,oakley jawbone. The automated stock broking system obtains the best price from the market and executes the transaction,oakley botas. Generally a small amount is charged on the transaction,gafas sol ray ban. There are thousands of stock broking firms,gafas sol carrera, some well known are Merril Lynch,gafas carrera hombre, Goldman Sachs,Ralph Lauren España, E,Gafas ray ban.F,oakley gafas.Hutton & Co etc,ray ban españa.