Investor Glossary-online brokerInvestor Glossary-online brokerInvestor Glossary-online brokerInvestor Glossary-online brokerInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Online Broker

The HTML to link to this page
 

Like a traditional broker, an online broker executes trades for an investor in exchange for commissions. The primary difference between an online broker and a traditional broker is that the online broker provides electronic, usually internet-based access to client accounts. By taking advantage of the internet, an online broker can also deliver timely news, information, realtime quotes and charts.

An online broker may also have access to electronic quotation services that bypass the costs of dealing with the major stock exchanges. Coupled with the elimination of direct human intervention, this allows an online broker to offer commissions significantly lower than those of a traditional broker. An online broker may further reduce costs, and therefore commissions, by having minimal customer service. Such brokers may not be the ideal choice for novice investors.



Rate this online broker definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: real GDP, per diem, APR, open position, ex-dividend date, current ratio, VIX, Zero Cost Collar, reverse mortgage, option premium, LIBOR, 1031 exchange, risk management, phantom income, cancelled check, FICO score, command economy, wholly-owned subsidiary, dividends payable, EBITDA, stock market close, balance sheet, deferred revenue, minority interest, irrevocable trust, deferred tax, required rate of return, 144a, FTSE, in escrow, limit order, stock split, implied volatility, debt service coverage, annual return, labor relations, quality assurance, ex-dividend, average price per share, inflation, 401a, 1035 exchange, class C shares, diluted share, margin rate, Key Rate Duration, retained earnings, liquidity ratio, covered put


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use