Jobbers or speculators - stock market, Finance Basics

Jobbers or Speculators - Stock Market

1. This is a dealer who that trades in securities in his own right like a principal.

2. He can set prices and make active the market with his own selling and buying thus he is a market maker.

3.  He earns profit or benefit and engages in speculation identified Jobbers' turn or selling price - buying price.

4.  He does not deal along with members of the public unlike brokers. Though, brokers can sell and buy shares via jobbers.

 

Posted Date: 2/1/2013 12:56:22 AM | Location : United States







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