Value broker


 

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Value broker

A discount broker whose rates are a percentage of the dollar value of each transaction.



Value broker

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Share broker

Share broker

A discount broker who charges per share traded, and reduces the per unit charge as the number of shares traded increases, as opposed to a dealer who charges a percentage of the dollar amount of the trade.


Execution only broker

Execution only broker

A broker who buys and sells shares on the instructions of clients but who offers no advice about what to buy and sell.Self-directed investors who want to make their own decisions are most suited to this service, and will probably be attracted by the lower dealing costs. Investors who want advice will need to use the services of an advisory of discretionary broker.The website of The Association of Private Client Investment Managers and Stockbrokers- http://www.apcims.co.uk - provides a list of brokers and the services which they offer.


Mortgage broker

Mortgage broker

A person or company engaged in the arrangement of mortgages for buyers. The broker is usually paid a commission by the lender.


Broker

Broker

See 'stockbroker'.


Association of Private Client Investment Managers and Stockbrokers

Association of Private Client Investment Managers and Stockbrokers

An association formed in 1990 to represent the interests of stockbroking and investment management firms which specialise in the provision of services for private investors (Also known as private clients). Member stockbrokers are members of the London Stock Exchange and regulated by the Financial Services Authority (FSA). Investment management firms are also regulated by the FSA.http://www.apcims.co.uk.


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