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Brokerage Firm
Brokerage Firm
BSBA-FM2A
BROKER
AGE
FIRMS
One of the nine major financial institutions is the Brokerage Firm.
A brokerage firm, or simply brokerage, is a financial institution that
facilitates the buying and selling of financial securities between a
buyer and a seller. Brokerage firms serve a clientele of investors who
trade public stocks and other securities, usually through the firm's
agent stockbrokers. A traditional, or "An investment brokerage firm is a
commercial enterprise, which functions like an helps its clients in
multiple aspects. An investment brokerage firm acts as an intermediary
between the buyer and the seller. It functions through a number of
investment brokers. An investment broker matches the purchasers of
investment plans with the sellers. For carrying out this function, they
charge a fee from the client. The fee is known as commission and it is
represented as a percentage.