Stockbroker
Stockbroker: Buying and selling shares for clients, on commission. A stockbroker buys and sells shares for clients on the Stock Exchange at fixed commission…
Buying and selling shares for clients, on commission. Earn a commission on every share your clients buy and sell.
A stockbroker buys and sells shares for clients on the Stock Exchange at fixed commission rates, dealing through jobbers who make the prices. The business is clients, contacts and a good name, and trading rises and falls with confidence. Big Bang on 27 October 1986 ends fixed commissions and the split between brokers and jobbers, and the banks buy most of the old firms.
- Setup costs
- £275,000 to £2,700,000
- Competition
- High
- Category
- Money & Insurance
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