stockbroker

(noun)

A person who buys and sells shares (stock) on a stock exchange on behalf of clients. May also provide investment advice and/or company information, depending on the level of service offered (or chosen by the client).

Related Terms

Examples of stockbroker in the following topics:

  • Agents

    • A stockbroker acts as an agent for an investor; a doctor may act as the agent for a patient.
    • The end or objective of the stockbroker may be to maximize their commission.

  • Probability

    • A stockbroker uses probability to determine the rate of return on a client's investments.

  • Employment in Finance

    • Stockbrokers, for instance, assist investors in buying and selling shares.

  • The Stock Exchanges

    • The exchange dates its origin back to 1792, when a group of stockbrokers gathered under a buttonwood tree on Wall Street in New York City to make some rules to govern stock buying and selling.

  • Overview of Warrants

    • In this case, the price can be obtained from a stockbroker.

  • Stocks

    • Today, stock traders are usually represented by a stockbroker who buys and sells shares of a wide range of companies on such exchanges.

  • Conflicts of Interest

    • Pump and dump, in which a stockbroker who owns a security artificially inflates its price by "upgrading" it or spreading rumors, sells the security and adds short position, then "downgrades" it or spreads negative rumors to push its price down.