Investment Brokerage - National

RECENT NEWS
Insurance Journal  4 hrs ago  Comment 
Worldwide Facilities Inc. has named Joe Rowland vice president and broker specializing in casualty products in its Irvine, Calif. office. Rowland will be responsible for new business development in the casualty arena. Rowland has more than 25...
Clusterstock  7 hrs ago  Comment 
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.  Big Brokerage Firms Are Starting To Spend More Money On Bonuses (The Wall Street Journal) Most major brokerage firms...
Forbes  11 hrs ago  Comment 
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Affiliated Managers Group (AMG) is now the #4 analyst pick, moving up by 1 spot.         This rank is formed by...
Reuters  Jan 26  Comment 
Some Wall Street traders booked hotels, while banks and brokerages prepared to get by with bare bones staffing, but major exchanges said it was business as usual as a potentially historic blizzard bore down on the northeast.
MarketWatch  Jan 26  Comment 
Bloomberg LP and other data providers inform banks and brokerages after a subscriber reads their research reports. The information can be as detailed as naming the firm and even the person inside the firm who viewed the report.
Reuters  Jan 26  Comment 
Administrators for online broker Alpari are revisiting trades made after the removal of the Swiss franc cap and may alter the amounts owed to it by clients, the...
The Australian  Jan 25  Comment 
AUSTRALIAN online retail foreign exchange broker Pepperstone has abandoned plans for an imminent IPO after the Swiss uncapping.




 

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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