Stocks are a hot industry. Although the current stock market has fallen sharply, there are still many investors. To tell the truth, the current stock market cannot be bought and sold because of the tightening of the national monetary system and the increasing scale of new stock listings. Funds are fleeing, and there is really no future in doing stocks under such circumstances. Then came stock brokers, so what do stockbrokers do?
What does a stockbroker do?
Stock brokers are also securities brokers, mainly individuals or institutions that provide services for investors in stocks, bonds, etc., for the purpose of earning commissions, and are engaged in agency business. However, a qualified stockbroker can analyze the risks of the current situation of the stock market, help investors maximize their profits, and at the same time ensure their own livelihood.
Being a stockbroker is not an easy task. Investors who intend to develop in this area need to take the exam. According to the current regulations, the conditions for taking the exam are limited to the education and age of the stockbroker. For example, a stockbroker You must be at least 18 years old in terms of academic qualifications. It should also be noted that before becoming a stock broker, an entrustment contract must be signed with a securities company, because the entrustment contract is the basis and basis for establishing an entrustment-agent relationship between a securities company and a securities broker. After these foundations and basis are established, stockbrokers should engage in business within the authorized scope of the contract. Violation of relevant agreements will have negative consequences.
Also pay attention to completing pre-practice training and passing the test. According to relevant regulations, stockbrokers should have more than 60 hours of pre-practice training, of which the training in laws and regulations and professional ethics should be longer than 20 hours. This is a major principle of entering the industry, and you cannot truly enter the industry unless you reach it. In the future, stockbrokers should continue to receive the prescribed follow-up training in the course of practice until they retire.
To become a qualified stock broker, you must be familiar with basic business, such as basic stock trading operations and some stock trading skills. As a stockbroker, you must earn benefits for your clients, and you can’t let your clients lose money. This type of operation requires a certain amount of time and dedicated practice, while remembering most stocks in the stock market.
It should be noted that stock brokers are not allowed to participate in stock speculation. Stock brokers are securities practitioners and can purchase funds and some financial products.