Simple English definitions for legal terms
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A securities broker is a person or firm that conducts securities transactions for the accounts of others. They act as intermediaries between buyers and sellers of securities, such as stocks and bonds. Securities brokers are different from securities dealers, who trade as principals before selling the securities to a customer.
Examples of securities brokers include:
For example, if you want to buy shares of a company, you can contact a securities broker who will execute the trade on your behalf. The broker will charge a commission for their services.