2006-06-21 08:27:46 · 4 answers · asked by searchingforabuyer 1 in Business & Finance ➔ Investing
Yes all brokers will hold your "stock". The technical term is the stock is held in "Street Name".
It's to their advantage to hold the "stock". It makes it easier for you to buy or sell (which in turn makes money for them).
Most brokers today will hold your stocks at no charge. They will charge you to have a certificate made & mailed. There is little advantage to do this (unless you need the certificate for a DRIP program).
Good luck!
2006-06-21 17:14:54 · answer #1 · answered by Common Sense 7 · 0⤊ 0⤋
Yes they do and you can ask for them but it's not worth it as you will have to send them back when you want to sell the stocks so it's better if they hold it for you.
2006-06-21 16:24:24 · answer #2 · answered by rajatharjani 4 · 0⤊ 0⤋
yes, you can get them but is costs. I've never asked for a stock certificate.
2006-06-21 15:30:59 · answer #3 · answered by Anonymous · 0⤊ 0⤋
They may very well want to because these certificates cannot be sold away from them during shorting operations.
2006-06-21 16:13:42 · answer #4 · answered by Puzzleman 5 · 0⤊ 0⤋