What is a powerful broker?

Broker is a type of financial dealer or broker responsible for completing and processing the order entered by the client. Within the process, brokers of this type will evaluate the command to make sure it is in accordance with the current policies and procedures and in accordance with any regulations stipulated by the market on which the order will be traded. Only after the broker is convinced that the order is suitable, will pass the order on behalf of the client and place it on the market on the market.

The function performing a broker is somewhat different from the function of the cleaning broker. Cleaning brokers usually have a direct interaction with investor clients and manage processes with these clients about potential stores. On the other hand, the broker is aimed at what happens after the customer has asked to be a specific trade. In this sense, this type-trademaker with a broker works as a porter that determines whether the structure of the order meets the current PDirects A is considered legal and suitable for trade. Unlike a cleaning broker who focuses on helping the customer in gaining wealth, the executing broker mainly concerns compliance with the order in terms of compliance with legal and market standards.

When performing a broker, he discovers that a specific order is not in line with the norms of the market or exchange, or in some way is not fully in line with government business regulations, this broker rejects the order. In most cases, this means returning a rejected command to a clearing broker along with the reasons for refusal. This provides a clearing broker to re -inspect this problem with the client, restructure the order so that the Governmental Standards are in line with the market and the Governmental Standards and re -send an order for execution.

The work of the broker benefits the market, mediation and finally the investor. By focusing onThe law -related legality is protected by the broker from the market from damage in some way, perhaps up to the point of adversely affecting other investors. At the same time, the broker's efforts help protect brokerage from the conviction of government business officials and possible loss of market position for a certain period of time. This type of broker also helps to prevent investors from unknowingly violating business regulations and maybe face fines or even imprisonment due to an inappropriate order.

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