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.

Share Broker

A broker or brokerage that charges a flat fee per each share that one trades, rather than a percentage of the whole value of the trade. This can result in lower transaction costs for an investor and, for that reason, appeals to those seeking a discount broker.
References in periodicals archive ?
Later, after nearly three hours, the flames started spreading out on to the lower floors creating panic among the flat owners who include several celebrities, top share broker Anand Rathi and Amisha Vora, business and glamour world personalities besides Padukone.
France-based BNP Paribas (BNPP.PA) has said that it has completed the takeover of India-based share broker, Sharekhan.
Finder's fees totaling USD 7,245 in cash were paid and 40,250 in common share broker warrants were issued in connection with this private placement.
It was named both M&A House of the year and Share broker of the year by the Institute of Financial Professionals New Zealand (Infinz) last year.
The income tax authorities had raided the house of the 45- year- old businessman and share broker, T.
Share Brokers offer two types of share trading, Offline Share Trading In this form of trading the customer either goes to the share broker's place and sits before the share trading terminal and asks the dealer to place orders in his account or rings the share broker, asks the share quotes and other relevant information, and accordingly places orders over the phone.
Jaipur, Aug.26 (ANI): Income tax officials on Wednesday recovered Rs.10 crore in cash during raids on the office and residence of a leading share broker here.
Due to the heavy selling pressure, share prices are decreasing further," said Hamza Hassan Sulaiman, a share broker.
PARIS: A French court yesterday ordered the detention of rogue trader Jerome Kerviel as the investigation into multi-billion dollar trading losses at Societe Generale bank widened, with a second suspect, a share broker, held for questioning.
* Gary Fawcett is assistant director at share broker Wise Speke in Newcastle.
Belgium's KBC Bancassurance yesterday confirmed that it was interested in buying British share broker Charterhouse Securities from French bank CCF.
Rajat Sharma, a share broker at Panipat alleged that the STF personnel had demanded Rs 10 lakh from him and the deal was finalised at Rs 6 lakh.