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Investment brokers are individuals who bring together buyers and sellers of investments. All About Investing, Esme Faerber, ISBN 0-07-145752-6
They need a license to operate. They act on behalf of buyers and sellers of stock. They charge a commission on trades that they execute on such instructions from buyers and sellers.
1. Discount broker 2. Deep discount broker 3. Prime brokerage 4. Online broker 5. OTC broker 6. Exchange broker
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