5. Features of different types of brokers How do transactions work in the securities markets? Transactions involving buying and selling securities are conducted through stockbrokers, who are also known as account executives or financial consultants. When choosing a stockbroker, investors have three primary options: full-service brokers, discount brokers, and online brokers. Brokers who offer a complete array of services such as advisory services along with executing client's transactions are called discount brokers i operate exclusivsly in person or online, the distinction between the three types has become increasingly full service brokers at follows shows fees imposed by different discount brokers; as you can see, of them offer both online and broker over online brokers 5. Features of different types of brokers How do transactions work in the securities markets? Transactions involving buying and selling securities are conducted through stockbrokers, who are also known as account executives or financial consultants. When choosing a stockbroker, investors have three primary options: full-service brokers, discount brokers, and online brokers, Brokers who offer a complete array of services such as advisory services along with executing client's transactions are called While some brokers still operate exclusively in person or online, the distinction between the three types has become increasingly Jover the years. The chart that follows shows fees imposed by different discount brokers; as you can see of them offer both online and broker: assisted trades While some brokers still operate exclusively in person or online, the distinction between the three types has become increasingly Over the years. The chart that follows shows fees imposed by different discount brokers, as you can see, of them offer bot nd broker sisted trades blurred clearer While some brokers still operate exclusively in person or online, the distinction between the three types has become increasingly Over the years. The chart that follows shows fees imposed by different discount brokers, as you can see of them offer both online and broker assisted trades some all ShareCo Broker TradeBuilder Commission for Online Trades AmeriTrading ShareFunder eExchange $7.95 $9.99 $7.95 $9.95 $9.99 $7.95 Market Order Price Limat Order Price Commission for Broker Assisted Trades Market Order Price Limit Order Price $9.99 $7.95 $9.95 $9.99 $20.00 $44.99 $32.95 $19.95 $54.99 $20.00 $44.99 $32.95 $19.95 $54.99 Because the fees charged for broker-assisted trades it is shopping around before choosing a broker Suppose you are a serious investor with large amour are relatively consistent pleal directly with an in person stockbroker. Which of the following statements regarding your options are true? Check can vary considerably Choosing a discount broker can save 30-80% of the commissions charged by full-service brokers, The commissions charged on buy and sell orders are non-negotiable Active traders can generally negotiate reduced fees Few full-service and discount brokers offer the online capabilities of online brokers: ShareCo AmeriTrading Broker TradeBuilder ShareFunder eExchange Commission for Online Trades $7.95 $9.99 $9.99 $7.95 $7.95 $7.95 $9.95 $9.95 $9.99 $9.99 Market Order Price Limit Order Price Commission for Broker Assisted Trades Market Order Price Limit Order Price $20.00 $44.99 $32.95 $19.95 $54.99 $20.00 $44.99 $32.95 $19.95 $54.99 Because the fees charged for broker assisted trades it is shopping around before choosing a broker worth Suppose you are a serious investor with large amounts of capital and prefer to deal direct person stockbroker. Which of the following statements regarding your options are true? Check all that apply. not worth Choosing a discount broker can save 30-80% of the commissions charged by full service brokers. The commissions charged on buy and sell orders are non-negotiable. Active traders can generally negotiate reduced fees Few full service and discount brokers offer the online capabilities of online brokers. Broker TradeBuilder ShareCo AmeriTrading ShareFunder eExchange Commission for Online Trades Market Order Price $7.95 $9.99 $7.95 $9.95 $9.99 $7.95 $9.99 $7.95 $9.95 $9.99 Limit Order Price Commission for Broker-Assisted Trades Market Order Price Limit Order Price $20.00 $44.99 $32.95 $19.95 $54.99 $20.00 $44.99 $32.95 $19.95 $54.99 Because the fees charged for broker-assisted trades it is shopping around before choosing a broker. Suppose you are a serious investor with large amounts of capital and prefer to deal directly with an in-person stockbroker. Which of the following statements regarding your options are true? Check all that apply. Choosing a discount broker can save 30-80% of the commissions charged by full service brokers, The commissions charged on buy and sell orders are non-negotiable. Active traders can generally negotiate reduced fees Few full service and discount brokers offer the online capabilities of online brokers
