Financial Intermediaries

Essay specific features

 

Issue:

Business

 

Written by:

Steven C

 

Date added:

January 15, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 306

 

Was viewed:

4566 times

 

Rating of current essay:

 
Essay content:

The broker must remain ethical in all business transactions that they handle. By establishing this trust with their client the broker will receive commission for carrying out and performing securities trade efficiently; they must also deliver the securities payment to the seller and deliver the scrip to the buyer...
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By ensuring that the accounts the broker covers are correct they will establish many customers mostly through reputation. The On-line Broker is considered one type of financial intermediary, and the role is very similar except that it is working on-line with people instead of face-to-face. Although nearly all participants reported that brokers were chief supports of their markets, advances in IT could bring about changes...
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