The World Of Finance
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Commercial Banks, Savings, Loan associations are all financial institutions. These institutions accepts the publics deposits and those needing credit.
Middlemen act between savers and borrowers for cash units to help borrower tap into the wealth that is insured accounting for more then half of the assets held by the banks and institutions.
Financial Institutions seek bank credit as an indirect form of financing to supplier funds and intermediation consumers.
Capital units seek bank credit as a meandering form of financing funds to intermediation consumers and suppliers. Bank deposits claim against itself however has no claim against the borrower who takes out a loan, meaning if the bank fails the deposit fund is protecting the deposit.
(Answers, 2007)
Commission for the individual firm services a charge fee to the customer when the investors receive buy or sell orders. The firm then acts like an agent for the customer and its services:
Licensed real estate professionals represents the seller of a property. A brokers duties include: Market values
Advertising properties for sale
Showing Properties
Advising clients
(Answers, 2007)
Online Investing has become the norm for investors and traders over the past decade, this helps offer online services with distinctive trading platforms. In the past investors used the phone to place an order then the order would be entered in the system which linked to the floor of the trading center.
On with the internet, Investors can order direct with other investors. Several orders entered online and routed to the broker allowing agents to approve and watch the trades.
With these steps they assisted protection for both the client and firm from unlawful trades that would affect the clients portfolios or licenses.
Brokers online are referred to