Jobbers and Brokers . A presentation by Ms.D. Subhashini, I M.Com(CA)
Size: 47.19 KB
Language: en
Added: Mar 06, 2019
Slides: 7 pages
Slide Content
JOBBERS AND BROKERS Submitted by SUBHASHINI.D
MEANING FOR JOBBERS AND BROKERS JOBBERS jobbers is a dealer who deal in buying and selling of securities. BROKERS brokers is an agent who deals in buying and selling of securities on behalf of his client.
NATURE OF TRADING JOBBERS A jobbers careis out trading activities only with the brokers. BROKERS A broker carries out trading activities with the jobbers on be half of his investors.
RESTRICTIONS ON DEALINGS JOBBERS A Jobbers is prohibited to directly buy or sell securities in the stock exchange also he cannot directly deal with the investors. BROKERS A brokers acts as a link between the jobbers and the investors be trades I.e,buyers and sell securities on behalf of its investors.
AGENTS JOBBERS A jobbers is a special mercantile agent. BROKERS A brokers is a general mercantile agent.
FROM OF CONSIDERATIONS JOBBERS A jobbers gets consideration in the from of profit. BROKERS A brokers gets consideration of commission or brokerage.