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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Who is called a Broker? - Commerce

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Question

Who is called a Broker?

Short Note

Solution

  1. Brokers are commission Agents, who act as an intermediary between Buyers and Sellers of Securities.
  2. They do not purchase or sell securities on their behalf.
  3. They bring together the buyers and sellers and help them in making a deal.
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Stock Exchanges in India
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Chapter 7: Stock Exchange - Exercise [Page 58]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 7 Stock Exchange
Exercise | Q II. 5. | Page 58
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