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An agent who buys and sells securities from inventory is called a?

An agent who buys and sells securities from inventory is called a broker. In this role, a broker often sends orders to the market by telephone or computer. The order is executed when it reaches the market’s best ask price and then shares are transferred from inventory into their account.

A typical day for a stockbroker includes sending out buy and sell orders and filling customers’ requests, which may be in person, over the phone, or through an electronic network like Bloomberg L.P., Reuters Canada Ltd., Telerate Incorporated Online Service (TELON), Dow Jones News/Retrieval Service Unlimited Subscription Plan (DSN), Interactive Data Corporation’s CD-ROM service (IDC)or CompuServe Information Services Direct Connect System(DIS).

money, euro, wash @ Pixabay

Brokers typically receive commission payments from their firm for orders filled. These payments typically range from 0.25% to a stock’s price minus $0.01 per share, and the amount is often determined by an individual broker’s specific agreement with their brokerage company as well as the volume of work they do in any given week or month.

Commission rates may also be dependent on how many shares are traded – brokers might receive higher commissions if they have executed more than one trade in a day, for example.

Title: An Agent Who Buys and Sells Securities from Inventory is Called a Broker

Description: In this role, a broker often sends orders to the market by telephone or computer which are executed when it reaches the market’s best ask price and then shares are transferred.

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