Kirk Duplessis hosts the Daily Call from the Option Alpha podcast. Here’s further information about broker dealers. Brokers trade and purchase security for their clients. Dealers do this for themselves. A broker dealer can do both. It is possible to find accredited broker dealers in small firms as well as large companies, banks, or other stock-buying organisations. Broker dealers earn money from commissions and from doing their own trades. They’re licensed. Individual investors must be aware of the importance of the brokerage companies. Stocks cannot be purchased without an account with one of the brokerage companies. This helps ensure investors have sufficient funds to participate in the investment game. Brokers also serve as crucial intermediaries to ensure that all trades are executed correctly. They also have the ability to keep accurate records of every trade. Although broker dealers can give their clients guidance, they always be in charge of the client’s business regardless of whether it was recommended. Broker dealers have the advantage over brokers in that they are able to provide financial advice and also take part actively in the stock exchange. p4e6xvcqsg.