Stock broker.

A stock broker or stockbroker is a regulated professional broker who buys and sells shares and other securities through market makers or Agency Only Firms on behalf of investors. A broker may be employed by a brokerage firm. A transaction on a stock exchange must be made between two members of the exchange—an ordinary person may not walk into the New York Stock Exchange (for example), and ask to trade stock. Such an exchange must be done through a broker.
There are three types of stock broking service.
  1. Execution-only, which means that the broker will only carry out the client's instructions to buy or sell.
  2. Advisory dealing, where the broker advises the client on which shares to buy and sell, but leaves the final decision to the investor.
  3. Discretionary dealing, where the stockbroker ascertains the client's investment objectives and then makes all dealing decisions on the client's behalf.

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