noun a bought or sold note; a voucher delivered by a broker to his principal containing particulars of a sale or purchase.
What does issuing a broker note mean?
A research note is a statement from a brokerage firm or other investment advisory service discussing a specific security, industry, market or news item. Research notes are usually meant to contain time-sensitive information that applies to the current day’s trading session or some event in the near future.
What does a broker target price mean?
A price target is the projected future price level of an asset as stated by an investment analyst or adviser. The price target is based on assumptions about the asset’s future supply and demand, technical levels, and fundamentals. Price targets may change over time as new information becomes available.
What is the role of a broker?
Brokers facilitate a variety of business transactions, such as real estate deals, by acting as an intermediary between the parties involved. Brokers build and maintain customer relationships, execute sales and complete administrative duties, such as document preparation, and follow-up with customers.
How many types of brokers are there?
There are four main types of broker – a stock broker, forex broker, full-service broker and discount broker. While they all act as a facilitator between you and another party, they operate differently from each other.