Ad
related to: requirements to become a stock broker
Search results
Results From The WOW.Com Content Network
Some state laws and broker/dealer policies also require the Series 63 examination (known as the Uniform Securities Agent State Law Exam). [ citation needed ] [ 1 ] A registered representative ("RR" or "rep" or "broker") is authorized to sell a large array of securities such as stocks, bonds, options, mutual funds, limited partnership programs ...
A stockbroker is an individual or company that buys and sells stocks and other investments for a financial market participant in return for a commission, markup, or fee.In most countries they are regulated as a broker or broker-dealer and may need to hold a relevant license and may be a member of a stock exchange.
In the United States, the Series 7 exam, also known as the General Securities Representative Exam (GSRE), is a test for entry-level registered representatives, that demonstrates competency to buy or sell security products such as corporate securities, municipal securities, options, direct participation programs, investment company products and variable contracts.
The client can ask the broker for advice when deciding whether or not to buy or sell a stock, and the broker can contact the client as well to suggest they consider buying or selling a certain stock.
Choose your online broker You’ll need to get set up with a broker to buy stock, but that takes only minutes. The broker lets you purchase and sell stock, holds the shares for you in an account ...
If you're good with money and working with people, you may be interested in becoming a financial advisor. There's more than one way to become a financial advisor, of course, and countless ...
The South African Institute of Stockbrokers [6] administers the six exams required to become a qualified stockbroker, so as to manage a member firm of the JSE; other requirements are 3 years' work experience, and specified education.
Broker-dealers are at the heart of the securities and derivatives trading process. [1] Although many broker-dealers are "independent" firms solely involved in broker-dealer services, many others are business units or subsidiaries of commercial banks, investment banks or investment companies.