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Who are Stock Brokers? - Business Studies

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Question

Who are Stock Brokers?

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Solution

Stock brokers are authorised members of an exchange. Since individuals cannot directly trade securities on the stock exchange, stock brokers serve as intermediaries between buyers and sellers. Anyone wishing to buy or sell shares, debentures, or other listed securities must conduct their transactions through a stockbroker.

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Chapter 22: Business Regulators and Intermediaries - QUESTION BANK [Page 309]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 22 Business Regulators and Intermediaries
QUESTION BANK | Q 10. | Page 309
Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 22 Business Regulators and Intermediaries
EXERCISES | Q II. 5. | Page 308
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