brokers role in security market
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A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal.[1]
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Brokers are the agents in between you and the stock market you want to trade with. A broker plays a very important role as every broker charges brokerage according to them. ... The basic function of a stock broker is to help their customers, i.e, you, to buy or sell stocks
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