Difference Between: Jobber and Broker

Discussion Between – Jobber & Broker.

Discussion – Jobber and Broker  HSC Board – Easy way to learn and memorized – class 12th – S.P – Notes of Introduction to Stock Exchange – Difference between  Jobber and Broker , Distinguish between  – Introduction to Stock Exchange – Secretarial Practice – Notes,  & Distinguish Between – according to the New Textbook for HSC Board –Difference between, Study material, studies notes, study notes.

difference jobber and broker

Sr. NoDiscussionJobberBroker
1.MeaningJobber is a dealer who deals in buying and selling of securities.Broker is an agent who deals in buying and selling of securities on behalf of his client.
2.Nature of tradingA jobber carries out trading activities only with the broker.A broker carries out trading activities with the jobber on behalf of his investors.
3.Restrictions on dealingsA jobber is prohibited to directly by or sell securities in the stock exchange. Also he cannot directly deal with the investors.A broker Acts as a link between the jobber and the investors. He trades i.e. buyers and sells securities on behalf of its investors.
4.AgentA Jobber is a special mercantile agent.A broker is a general mercantile agent.
5.Form of considerationA jobber gets consideration in the form of profit.A broker gets consideration of commission or brokerage.

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