What are stockbrokers allowed to do that normal people are not allowed to do?

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What are stockbrokers allowed to do that normal people are not allowed to do?

2007-02-14 11:49:56 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing

3 answers

In Australia, Stockbrokers are the ONLY people authorised to work in stock exchange markets. This means that they are the only people allowed to physically buy or sell equities at the stock exchange.

Any other person wishing to buy or sell equities must do so through a stockbroker.

Cheers

2007-02-14 23:43:16 · answer #1 · answered by Richard D 3 · 0⤊ 0⤋

Since when are stockbrokers not normal people?

2007-02-14 19:57:25 · answer #2 · answered by Anonymous 7 · 0⤊ 2⤋

Get commissions on investment sales. That's it.

2007-02-14 21:00:28 · answer #3 · answered by Common Sense 7 · 0⤊ 1⤋