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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.
Miller-Orr Model Unlike the Baumol's Model, Miller-Orr Model is a stochastic or like probabilistic model that creates the more realistic assumption of doubt in cash flows.
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Holding Company Such holds more than a half of the equity share capital of other company or is a member and or controls a big percentage of Directors of the Board of one or mo
How to make smart investment
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