What is a brokerage firm? A brokerage firm is a company that has the required legal permissions to indulge in the trading of securities. It also provides analysis and advisory services to clients.
Who are employed in a brokerage firm?
A brokerage firm hires traders and research analysts to work for them. Traders are authorized to sell securities on behalf of the 富途 firm and its customers. Research analysts? research stocks track companies and provide advice on whether to buy, hold or sell a particular stock. Most brokerage firms are publicly traded companies that also trade securities for their own profits.
How does a brokerage firm make money?
A brokerage firm sells its knowledge and expertise of the securities markets to its clients. They charge fees for acting as an intermediately between the buyers and sellers of securities. They also make money through proprietary trading.
