Market Participants
Stockbroker
Definition
What is Stockbroker?
A licensed intermediary that buys and sells exchange-traded securities for clients.
Example in practice
How This Looks in Practice
The stockbroker submits the investorA person or organisation that commits capital with the expectation of a financial return.'s order to the exchange.
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Related Terms
Market Participants
Broker
A person or firm that executes securities transactions for clients.
Market ParticipantsDealer
A person or firm that buys and sells securities for its own account.
Market ParticipantsBroker-Dealer
A firm that acts as an agent for clients and as a principal in its own trades.
Trading & Market StructureBid
The highest price a buyer is currently willing to pay for a security.