An agent who brings two parties together, enabling them to enter into a contract to which the broker is not a principal.
A system of trading on a stock exchange in which the functions of stockbroker and stockjobber are carried out by separate firms. Dual capacity existed on the London Stock Exchange prior to October 1986 when a single-capacity system was introduced.
An agent who buys and sells securities on a stock exchange on behalf of clients and earns commission for this service.
A stockjobber is an outdated term that refers to a professional trader who buys and sells stocks for their own account, not for clients. This term was more commonly used in historical contexts related to stock trading.
