Investment Brokerage - National

RECENT NEWS
The Economic Times  Apr 22  Comment 
The brokerage said that slippages and credit costs were high in the quarter but stress loan ratio of 1.2% remains low.
The Hindu Business Line  Apr 21  Comment 
CD EquisearchEssel Propack (Buy)CMP: ₹237.90Target: ₹283Essel Propack is targeting its non-oral care revenue share to reach 50 per cent by end of FY18. Its growth strategy is to identify and tap new g...
The Economic Times  Apr 21  Comment 
A few brokerages upgraded the stock’s rating as well.
Benzinga  Apr 20  Comment 
Loyal3, a commission-free brokerage that initially emphasized IPO shares before transforming into a discount broker, announced Wednesday it will close its doors May 19. Offering a portfolio of 70 stocks, the firm allowed beginner investors to...
Insurance Journal  Apr 20  Comment 
National wholesale insurance brokerage and managing general agent, Worldwide Facilities, has hired Kirsten Noecker as an internal broker in its lawyers professional unit. She is based in Chicago. In this position, Noecker will focus on both...
The Hindu Business Line  Apr 20  Comment 
JP MorganYES Bank (Overweight)CMP: ₹1,545.10Target: ₹1,875We are increasingly convinced about YES Bank’s retail momentum due to: 1) improving savings bank flows and rising CASA ratios; 2) the ramp-up...
The Economic Times  Apr 20  Comment 
The stock fell 6.50 per cent to hit a low of Rs 1,501 on BSE.
Forbes  Apr 19  Comment 
While it’s hard to accurately predict how much Conor McGregor and Floyd Mayweather will make for their prospective super-fight, we now have a rough estimate from the man that intends to broker the deal.
Motley Fool  Apr 19  Comment 
After another disappointing quarter in market making, Interactive Brokers Group, Inc. is focusing on the brokerage business long term.




 

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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