Who is Broker in Stock Exchange
A stock exchange broker is a person or company that facilitates the purchase and sale of financial assets such as stocks, bonds, and other securities on behalf of its clients. Brokers operate as intermediaries between buyers and sellers and are in charge of completing deals on their customers’ behalf.
Brokers are often licensed professionals with an understanding of the financial markets and the assets they deal with. They may work for a brokerage business or individually, and each transaction they complete earns them a commission or a fee.
Brokers play an important role in the stock market because they create liquidity by enabling deals between buyers and sellers. They also provide their clients with excellent advice and direction, assisting them in making sound financial selections.