who are jobbers? what did they do?
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They held shares on their own books and created market liquidity by buying and selling securities , and matching investors buy and sell orders through their brokers , who were not allowed to make markets . The term jobber is also used to describe a small scale wholesaler or middle man in the retail goods trade .
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East India Company employed a jobber to get new recruits. His main function was to make new recruitment in the company. The jobber was an old and trusted worker of the company. He got people from his village, ensured them jobs, helped them to settle in the city and provided them money in times of crisis.He often began asking money and gifts for his favour.
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East India Company employed a jobber to get new recruits. His main function was to make new recruitment in the company. The jobber was an old and trusted worker of the company. He got people from his village, ensured them jobs, helped them to settle in the city and provided them money in times of crisis.He often began asking money and gifts for his favour.
❤HOPE IT HELPS YOU❤
ッ
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