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.
Sr. No | Discussion | Jobber | Broker |
1. | Meaning | Jobber 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 trading | A 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 dealings | A 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. | Agent | A Jobber is a special mercantile agent. | A broker is a general mercantile agent. |
5. | Form of consideration | A jobber gets consideration in the form of profit. | A broker gets consideration of commission or brokerage. |