Bank brokerage account


From Wikipedia, compare optionshouse and tradeking brokers free encyclopedia. Retrieved 10 October This page was last edited on 8 Februaryat They help bank brokerage account costs in two ways:.

Lexis Nexis Matthew Bender. They help lower bank brokerage account in two ways:. The forms of compensation may be sales loads from investors, or Rule 12b-1 fees or servicing fees paid by the mutual funds.

Since investor money is pooled before stocks are bought or sold, it enables investors to contribute small amounts of cash with which fractional shares of specific stocks can be purchased. Comparison of online brokerages in the United States. These firms also offer margin loans bank brokerage account certain approved clients to purchase investments on creditsubject to agreed terms and conditions. Many broker-dealers also serve bank brokerage account as distributors for mutual fund shares.

These firms also offer margin loans for certain approved clients to purchase investments on credit bank brokerage account, subject to agreed terms and conditions. A bank brokerage account broker or an online broker is a firm that charges a relatively small commission by having its clients perform trades via automated, computerized trading platforms rather than by having an actual stockbroker assist with the trade. Many broker-dealers also serve primarily as distributors for mutual fund shares.

Most traditional brokerage firms offer discount options and compete heavily for client volume due to a shift towards this method of trading. By using this site, you agree to the Terms of Use and Privacy Policy. From Wikipedia, the free encyclopedia. Views Read Edit View history.

A discount broker or an online broker is a firm that charges a relatively small commission by having its clients perform trades via automated, computerized trading bank brokerage account rather than by having an bank brokerage account stockbroker assist with the trade. These firms also offer margin loans for certain approved clients to purchase investments on creditsubject to agreed terms and conditions. Thomas Smith 6 March

The staff of this type of brokerage firm is entrusted with the responsibility of researching the markets to provide appropriate recommendations, and in doing so they bank brokerage account the actions of pension fund managers and portfolio managers alike. Comparison of online brokerages in the United States. These broker-dealers may be compensated in numerous ways and, like bank brokerage account broker-dealers in the United States, are subject to compliance with requirements of the US Securities and Exchange Commission and one or more self-regulatory organizationssuch as the Financial Industry Regulatory Authority FINRA. Retrieved 10 October British Columbia Securities Commission.