whats the exact difference between Broker and a dealer



0
how can we exactly classify between broker and a dealer as market intermediaries who pefrom basically the same functons

1 Answer(s)


1

even though they perform the same functions but there is always a difference in how they perform the task. in case of brokers they only guide the customers to buy and sell their assets but in case of dealers they already posses a type of asset which customers are looking for and they sell it at the same time they are ready to buy the asset from their customers but the agents do not buy from their customers.