Broker - a third-party independent entity or company that organizes and implements transactions on behalf of the other party. They have a variety of different asset classes at their disposal, including stocks, forex, real estate, and insurance. Typically, the broker will charge a fee for completing the order.

 

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Acquisition of a financial instrument implies a transfer of title to it from another person, both in respect of goods and in respect of shares or other assets.

 

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