A stock broker is a person working attached to a financial institution which facilitates the buying and selling of financial derivatives between a buyer and a seller. A broking institute serves the investors or buyers who are willing to buy or sell public stocks and other securities. An ordinary investor may not walk into the Colombo Stock Exchange and trade for the stocks. Instead, the investor hires the stock broking firms to work for him.
A stock broking firm can help the clients in three ways. The execution only service carries out the instructions given by the investor on buying or selling the stocks. The second type is Advisory Dealing, where the brokers advise the client on which shares to buy and what not, but leave the decision to the investor. In Discretionary Dealing the stock broker decides the best options for the investor and work on behalf of them.
The prime objective behind this work is to prepare a directory of stock broking institutes so that the investors or any other organizations can locate them easily. If you are an owner or a management team member of a stock broking firm, send us the information about your agency to post in the website.
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