What is a securities broker and what is a securities broker?

1. A securities broker is an institution or individual who buys and sells securities on behalf of customers. An intermediary between securities investors and securities issuers for the purpose of earning commissions. Securities brokers in new york Stock Exchange can be divided into commission brokers and two-yuan brokers (also known as trading floor brokers). Commission brokers contact investors directly, accept clients' entrustment to buy and sell securities on their behalf, and collect commissions from clients after the transaction.

2. A securities broker refers to a securities company that accepts orders from customers to buy and sell securities in a stock exchange, acts as an intermediary between the two parties to the transaction and collects commissions. It can be divided into three categories, namely, commission brokers, two-dollar brokers and bond brokers. Employees must pass the securities qualification examination before they can engage in securities brokerage business.

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