Google

Sunday, June 10, 2007

What is Broker ?

A securities firm or an investment advisor associated with a firm. When acting as a broker for the purchase or sale of listed stock, the investment advisor does not own the securities him or herself, but acts as an agent for the buyer and seller and charges a commission for these services.An intermediary.

An individual or organization in-between the person/organisation that controls the funds and the provider/trader. A broker often knows someone who knows somebody else who may provide program trading.

This chain of brokers is known in the business as a "daisy chain". There are thousands of "want-to-be”-, "hope-to-be”- and "wish-they-were” brokers in the high-yield business who are giving the industry a bad name.A marketing specialist who represents buyers of property and liability insurance and who deals with either agents or companies in arranging for the coverage required by the customer.

A marketing specialist who represents buyers of property and liability insurance and who deals with either agents or companies in arranging for the coverage required by the customer.In commerce, a broker is a party that mediates between a buyer and a seller. A broker who also acts as a seller or as a buyer becomes a principal party to the deal.

Distinguish agent: one who acts on behalf of a principal.In computingIn computing, a broker consists of software which mediates between two objects: typically between a client and a server or between a repository and a requestor or caller. See for example:* object request broker* storage resource broker* tunnel broker* message broker* Information broker* Broker, Outer Hebrides — village in the Outer Hebrides of Scotland* The Power Broker — a biography of Robert Moses* The Broker — a novel by John Grisham* Limo Broker — Limousine rental broker.* Loan Broker — Home loan broker company - Loanskey.

No comments: