What Does a Commission Broker Do?
Commission brokers, also known as "securities brokers," specialize in accepting client commissions, acting as concessionaires for the sale and purchase of securities, and as an intermediary between securities issuers and investors. When a securities company handles entrusted business, it acts as a securities broker in an exchange. They are the main participants in securities trading, and brokers generally refer to them. Because securities trading is a special transaction involving thousands of investors, open auctions are required, and it is impossible to bring both buyers and sellers to the exchange for trading; in addition, most small investors do not have enough energy and time to specialize This transaction. Therefore, securities transactions are entrusted to securities brokers that meet certain conditions. They have seats in the exchange, and provide their customers with consulting and trading services with their specialized knowledge, rich experience, well-informed information and excellent equipment. When the commission transaction is completed, a smaller amount of commission (commission) is charged. 15% Most of these commission ratios each accounted for 0.15% of buying and selling. Therefore, professional securities brokers are very popular with investors. [1]
Commission broker
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- Commission brokers, also known as "securities brokers," specialize in accepting client commissions, acting as concessionaires for the sale and purchase of securities, and as an intermediary between securities issuers and investors. When a securities company handles entrusted business, it acts as a securities broker in an exchange. They are the main participants in securities trading, and brokers generally refer to them. Because securities trading is a special transaction involving thousands of investors, open auctions are required, and it is impossible to bring both buyers and sellers to the exchange for trading; in addition, most small investors do not have enough energy and time to specialize This transaction. Therefore, securities transactions are entrusted to securities brokers that meet certain conditions. They have seats in the exchange, and provide their customers with consulting and trading services with their specialized knowledge, rich experience, well-informed information and excellent equipment. When the commission transaction is completed, a smaller amount of commission (commission) is charged. 15% Most of these commission ratios each accounted for 0.15% of buying and selling. Therefore, professional securities brokers are very popular with investors. [1]
- Brokers who accept client commissions, trade on behalf of clients in exchanges, and receive commissions at a fixed rate.