What is the main purpose of a broker's position in stock brokerage houses?

What is the main purpose of a broker's position in stock brokerage houses?
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1 Answer

Answer :

A stockbroker buys and sells stock shares and securities on your behalf in exchange for a commission.
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Related questions

If Mr. Pandey bought 200 shares of BOK stock at Rs 450 per share. He bought the stock on margin of 60 . The stock is now trading at Rs 600 per share and the brokerage firm has recently lowered initial?

Description : If Mr. Pandey bought 200 shares of BOK stock at Rs 450 per share. He bought the stock on margin of 60 . The stock is now trading at Rs 600 per share and the brokerage firm has recently lowered initial?

Last Answer : Need answer

You are charged a ____ brokerage fee to issue stock and ____ brokerage fee to retire stock. a. 5%; 0% b. 5%; 1.5% c. 1.5%; 5% d. 0%; 5% e. 5%; 5%

Description : You are charged a ____ brokerage fee to issue stock and ____ brokerage fee to retire stock. a. 5%; 0% b. 5%; 1.5% c. 1.5%; 5% d. 0%; 5% e. 5%; 5%

Last Answer : b. 5%; 1.5%

Are there any brokers online that sell Pepsi Stock at a discount rate?

Description : Are there any brokers online that sell Pepsi Stock at a discount rate?

Last Answer : There isn't really a "discount rate" for stock. You buy at the share price. Here's an online broker that can hook you up: http://www.oneshare.com/stock.aspx?stock=pepsi

Do brokers trade stock on the New York Stock Exchange?

Description : Do brokers trade stock on the New York Stock Exchange?

Last Answer : Yes, brokers trade stock on the New York Stock Exchange, as well as the Chicago Stock Exchange.

Is it beneficial to use futures trading brokers to get an advantage in the stock market?

Description : Is it beneficial to use futures trading brokers to get an advantage in the stock market?

Last Answer : Futures trading brokers can be helpful if you are looking to get ahead in the Stock Market. They can offer the inside track to high yield investments.

What is power-only truck brokerage?

Description : What is power-only truck brokerage?

Last Answer : Trucks that have large, powerful engines. Not those wimpy 5500 lb.Ford F-150’s that only have measly LITTLE V-6’s that are not much larger than the 2.4 liter IL4 that I have in my 1991 3000lb. Nissan pick-up.

What are some online resources which will help me evaluate and compare various brokerage firms?

Description : What are some online resources which will help me evaluate and compare various brokerage firms?

Last Answer : The specific type of investing and trading that you intend to do will help determine what brokerage account is best suited for you. Factors to take into consideration include what products you will trade, frequency of trades, margin balances and margin interest rates and other factors.

What is a discount brokerage firm?

Description : What is a discount brokerage firm?

Last Answer : A discount brokerage firm will help you with different types of investments. They will help you match up your money with types of investments that best fit your financial goals.

Which investment brokerage firms have the lowest fees?

Description : Which investment brokerage firms have the lowest fees?

Last Answer : It will depend on the types of investing you are doing, what accounts you want to buy, and how much money you are going to be inveting with the firms.

.In which of the following instances would the independence of the CPA not be considered to be impaired? The CPA has been retained as the auditor of a brokerage firm a. Which owes the CPA audit fees for more than one year. b. In which the CPA has a large active margin account. c. In which the CPA's brother is the controller. d. Which owes the CPA audit fees for services in the current year and has just filed a petition for bankruptcy

Description : .In which of the following instances would the independence of the CPA not be considered to be impaired? The CPA has been retained as the auditor of a brokerage firm a. Which owes the CPA audit ... owes the CPA audit fees for services in the current year and has just filed a petition for bankruptcy

Last Answer : Which owes the CPA audit fees for services in the current year and has just filed a petition for bankruptcy

In which of the following instances would the independence of the CPA not be considered to be impaired? The CPA has been retained as the auditor of a brokerage firm a. Which owes the CPA audit fees for more than one year. b. In which the CPA has a large active margin account. c. In which the CPA’s brother is the controller. d. Which owes the CPA audit fees for the current year services and jusfiled a petition for bankruptcyt

Description : In which of the following instances would the independence of the CPA not be considered to be impaired? The CPA has been retained as the auditor of a brokerage firm a. Which owes the CPA audit ... . Which owes the CPA audit fees for the current year services and just filed a petition for bankruptcy

Last Answer : Which owes the CPA audit fees for the current year services and justfiled a petition for bankruptcy

Point out the wrong statement. a) You can use proxy and brokerage services to separate clients from direct access to shared cloud storage b) Any distributed application has a much greater attack surface than an application that is closely held on a Local Area Network c) Cloud computing doesn’t have CSE-R17.BLOGSPOT.COM vulnerabilities associated with Internetapplications d) All of the mentioned

Description : Point out the wrong statement. a) You can use proxy and brokerage services to separate clients from direct access to shared cloud storage b) Any distributed application has a much ... doesn't have CSE-R17.BLOGSPOT.COM vulnerabilities associated with Internetapplications d) All of the mentioned

Last Answer : Cloud computing doesn’t have CSE-R17.BLOGSPOT.COM vulnerabilities associated with Internetapplications

You are charged a ______ brokerage fee to issue bonds and ______ brokerage fee if you retire bonds prior to their maturation date. a. 0%; 5% b. 5%; 5% c. 5%; 0% d. 5%; 1.5% e. 1.5%; 5%

Description : You are charged a ______ brokerage fee to issue bonds and ______ brokerage fee if you retire bonds prior to their maturation date. a. 0%; 5% b. 5%; 5% c. 5%; 0% d. 5%; 1.5% e. 1.5%; 5%

Last Answer : d. 5%; 1.5%

You pay no brokerage fee if you: a. issue bonds. b. retire bonds. c. retire stocks. d. acquire current debt. e. issue stocks.

Description : You pay no brokerage fee if you: a. issue bonds. b. retire bonds. c. retire stocks. d. acquire current debt. e. issue stocks.

Last Answer : d. acquire current debt.

One way to finance expansion is through the issuing of bonds. When this happens, your company is charged a _____% brokerage fee for issuing the bonds. a. 2% c. No fee is charged b. 5% d. 7.5%

Description : One way to finance expansion is through the issuing of bonds. When this happens, your company is charged a _____% brokerage fee for issuing the bonds. a. 2% c. No fee is charged b. 5% d. 7.5%

Last Answer : b. 5%

Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Description : Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Last Answer : a) value of share

Do you know of any websites for real estate brokers to look for agents?

Description : Do you know of any websites for real estate brokers to look for agents?

Last Answer : They advertise a lot on monster.com

What do business brokers do?

Description : What do business brokers do?

Last Answer : Business brokers job is to help both the buyer and seller in the selling process. They can just be one person or a firm in most cases.

who are the most reputable brokers?

Description : who are the most reputable brokers?

Last Answer : I believe the most reputable broker is TD Ameritrade. Sam Waterson who advertises for them is very politically concious. I don't think he would throw his name behind them if they were not the best!

Where can I find online information about interactive brokers?

Description : Where can I find online information about interactive brokers?

Last Answer : Here's a write up for interactive brokers that gives some decent information about how to use interactive brokers and what it can do for you: http://daytrading.about.com/od/brokerageprofiles/fr/InteractiveBrok.htm

Real estate brokers work too many hours and too many nights.?

Description : Real estate brokers work too many hours and too many nights.?

Last Answer : Yes, it is true that earlier brokers used to work for too many hours and too many nights. But now is not. Now is the time for smart working. After mobile & internet technology, it is as if a ... take your product or not. But now it is not so. Now only the interested customer contacts you himself.

What's a good insurance broker's website address?

Description : What's a good insurance broker's website address?

Last Answer : Searching is the key. Looking at success rates, insurance policies as well. what may be a good insurance company for me, may not fit your needs at all. Investigating as many as possible is the key.

How can brokers and dealers make money Which activity is riskier Why?

Description : How can brokers and dealers make money Which activity is riskier Why?

Last Answer : The dealer's function is riskier because the dealer must maintain an inventory of the asset and honor quotes to buy and sell.

Which of the following link building tactics do search engines tacitly endorse?  A. Viral Content Creation & Promotion  B.Reciprocal Link Exchange Programs  C.Buying Links From Link Brokers & Networks  D.Renting Pages From Trustworthy Domains And Placing Links On Them

Description : Which of the following link building tactics do search engines tacitly endorse?  A. Viral Content Creation & Promotion  B.Reciprocal Link Exchange Programs  C.Buying Links From Link Brokers & Networks  D.Renting Pages From Trustworthy Domains And Placing Links On Them

Last Answer : A. Viral Content Creation & Promotion

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Last Answer : D)provide services on a somewhat permanent basis and operate in specific geographic territories

Del Monte markets ketchup for household use to supermarkets through grocery wholesalers, and it markets ketchup for institutional use through industrial distributors and food brokers. Del Monte is using A)dual distribution. B)industrial distribution. C)strategic channel alliance. D)supply chain management. E)an unethical marketing channel.

Description : Del Monte markets ketchup for household use to supermarkets through grocery wholesalers, and it markets ketchup for institutional use through industrial distributors and food brokers. Del Monte is using ... . C)strategic channel alliance. D)supply chain management. E)an unethical marketing channel.

Last Answer : A)dual distribution.

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Description : Few supermarkets would try to replace a national brand of baby food with their own brand. Assuming that this is true, we have a good example of channel leadership by A)wholesalers. B)producers. C)retailers. D)agents. E)brokers.

Last Answer : B)producers.

12) Decor Ltd, which makes, markets, and retails paint and home decorating products in a co -ordinated channel, is an example of (the) a: A)administered vertical marketing system. B)conventional marketing channel. C)channel network. D)use of power brokers in a channel framework. E)corporate vertical marketing system.

Description : 12) Decor Ltd, which makes, markets, and retails paint and home decorating products in a co-ordinated channel, is an example of (the) a: A)administered vertical marketing system. B) ... )channel network. D)use of power brokers in a channel framework. E)corporate vertical marketing system.

Last Answer : E)corporate vertical marketing system.

A …….. duty is to bring together the buyer and seller and make the sale happen. a. Broker’s b. Factor’s c. Commission agent’s d. Del credere agent’s

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Last Answer : a. Broker’s

A mercantile agent employed to sell goods which have been placed in his possession or contract to buy goods for his principal (a) Factors (b) Brokers (c) Del Credere Agent (d) Auctioneers

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The main purpose of recycling the byproduct hydrogen gas in the reformer reactor is to (A) Obviate catalyst poisoning (B) Maintain the reaction temperature (C) Sustain the reactor pressure (D) Hydrogenate the feed stock

Description : The main purpose of recycling the byproduct hydrogen gas in the reformer reactor is to (A) Obviate catalyst poisoning (B) Maintain the reaction temperature (C) Sustain the reactor pressure (D) Hydrogenate the feed stock

Last Answer : (C) Sustain the reactor pressure

Main purpose of buffer stock is : (a) to save food grains from pest attack (b) to stop price fluctuations (c) to meet the crisis of low production (d) both (b) and (c)

Description : Main purpose of buffer stock is : (a) to save food grains from pest attack (b) to stop price fluctuations (c) to meet the crisis of low production (d) both (b) and (c)

Last Answer : (d) both (b) and (c)

The purpose of transverse reinforcement, in a slab is to (a) Distribute the effect to f point load on the slab more evenly and uniformly (b) Distribute the shrinkage and temp cracks more ever (c) Keep the main reinforcement in position (d) All of the above.

Description : The purpose of transverse reinforcement, in a slab is to (a) Distribute the effect to f point load on the slab more evenly and uniformly (b) Distribute the shrinkage and temp cracks more ever (c) Keep the main reinforcement in position (d) All of the above.

Last Answer : (d) All of the above.

What is the purpose of halfway houses?

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Last Answer : The purpose for a halfway house is to assit an individual to transition back into daily life. They have there indepence but are under supervision of staff.

Which of the following will improve a company's working capital management position? A. An increased level of bad debts B. An increase in the credit period allowed by suppliers C. An increased debtor collection period D. An increase in the stock turnover period E. An increase in the length of the production

Description : Which of the following will improve a company's working capital management position? A. An increased level of bad debts B. An increase in the credit period allowed by suppliers C. An increased debtor ... D. An increase in the stock turnover period E. An increase in the length of the production

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Description : Lower stock turnover ratio indicates------------------------------- a) Solvency position b) Monopoly situation c) Over investment in inventory d) None of these

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Whats the main difference (in appearance) between houses built in the 1940's and 1920's?

Description : Whats the main difference (in appearance) between houses built in the 1940's and 1920's?

Last Answer : answer:http://www.ragtime.org/arch/index.html Although there aren't a lot of pictures, the info seems to be pretty spot-on. On several levels, architecture mirrors art movements in other metiers, esp. ... now come to be known as the California Bungalow style. p.s. Welcome to Ask-public miranda!

Assertion : In our houses when we start switching on different light buttons, main current goes on increasing. Reason : Different connections in house

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Last Answer : The purpose of the Australian stock exchange is that it is the main stock exchange for Australia. It is constantly launching new branch structures with there company and has taken over many other stock exchange firms.

Considering the function of the circuit shown in the illustration, what is the purpose of supplying the thrust lever potentiometers with both (+) and (-) 15 volts? EL-0095 A. To select which lever (bridge or engine room) is active. B. So the circuit can differentiate between ahead and astern commands. C. To provide an alternate voltage supply if the other fails. D. So as to automatically select the position of Relay #

Description : Considering the function of the circuit shown in the illustration, what is the purpose of supplying the thrust lever potentiometers with both (+) and (-) 15 volts? EL-0095 A. To select which ... alternate voltage supply if the other fails. D. So as to automatically select the position of Relay #

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Description : In the motors starting purpose why the armature rheostats at maximum position while the field rheostat is kept in minimum position?

Last Answer : A: In the time of starting a motor the field rheostat is kept in minimum state for the high starting torque. In the time of starting a motor the armature rheostats is used to control or reduce the high starting current. This high starting current can damage the motors starting systems.

A marketing audit's primary purpose is to A)check on the firm's current marketing position for financial and legal reasons. B)identify weaknesses in ongoing marketing operations and plan the necessary improvements to correct these weaknesses. C)focus on a few of the most important marketing activities and plan the methods to improve them. D)aid evaluation and reallocate the firm's marketing efforts and marketing opportunities.

Description : A marketing audit's primary purpose is to A)check on the firm's current marketing position for financial and legal reasons. B)identify weaknesses in ongoing marketing operations and plan the ... improve them. D)aid evaluation and reallocate the firm's marketing efforts and marketing opportunities.

Last Answer : B)identify weaknesses in ongoing marketing operations and plan the necessary improvements to correct these weaknesses.

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Description : The main drawback of the railway network in India is (a) lack of rolling stock (b) existence of single track in many areas (c) lack of coal (d) the presence of three types of gauges

Last Answer : Ans: (d)