Investment Brokerage - National

Clusterstock  Oct 2  Comment 
Retail brokerage Scottrade was a victim of a cyberattack. The attack, which lasted from late 2013 to early 2014, affected a system that had data on 4.6 million clients, according to a press release from the brokerage. "We have no reason to...
The Hindu Business Line  Oct 2  Comment 
Most brokerages expect a good quarter for other frontline IT companies
MarketWatch  Oct 2  Comment 
Unlike major Wall Street brokerage houses, which tend to focus on higher-priced stocks, investment newsletter editors operate under no such bias. Mark Hulbert discusses how to use the Hulbert Financial Digest’s performance ratings to identify...
Wall Street Journal  Oct 1  Comment 
Bank of America’s Merrill Lynch unit is shuffling several of the top executives who oversee the brokerage’s more than 14,000 financial advisers, in the wake of broader cost cuts at the bank.  Oct 1  Comment 
WASHINGTON (dpa-AFX) - BB&T IHC International Ltd, a subsidiary of BB&T Corp (BBT), announced it has reached an agreement to enter into a partnership with Willis Group Holdings (WSH), the risk advisor, re/insurance broking and human capital and...
New York Times  Oct 1  Comment 
The bank is accused of making “an end-run around the civil rights laws” with a new policy that forces civil rights claims into private arbitration.
The Hindu Business Line  Oct 1  Comment 
Motilal OswalAarti Indus (Buy)CMP: ₹558.40Target: ₹630Aarti Industries (AIL) manufactures specialty chemicals, pharmaceuticals drugs (active pharma ingredients —...
The Economic Times  Oct 1  Comment 
In 2014-15, the number of offices owned by equity broking houses in non-metro cities rose to 1,517 from 1,396 in the period year-ago.
Financial Times  Oct 1  Comment 
Broker fails to meet the deadline for its annual accounts
Insurance Journal  Oct 1  Comment 
Miller Insurance Services LLP announced that Steve Talboys has joined the insurance broker “to help drive its sports and leisure offering launched in May 2015,” and is “working with James Hands and other dedicated sports and leisure hires...


A broker is an individual or firm that charges a fee or commission for executing buy and sell orders submitted by a customer.

Up until the 90's, most buy and sell orders were executed by calling a broker on the phone who would then execute your order anywhere between $70 and $200 a trade. With the advent of the Internet, a whole new discount broker industry formed which now allows investors to trade at a much lower cost.

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