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 ?
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.
Similarly banks failed in Europe and Japan but luckily not a single bank failed in India but after this Satyam scandal, the economy got a shock," said Sushil Kanodia, share broker.
Mr Bharat Masrani, executive vice-president of TD Waterhouse Group, said: 'We are confident that this acquisition will firmly establish TD Waterhouse as the UK's largest share broker.
Anshu was working in an Okhla- based company at a lower management position while Shivank is a share broker.
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.
Any investor has to place an order through a recognized share broker of a stock exchange.