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PennyStocking > PS D1: Brokers > Flashcards

PS D1: Brokers Flashcards

1
Q

Explain “Online Discount Broker”?

A

Electronic trading, their customers are the most frequent users of penny stocks

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2
Q

Explain “Floor Broker”?

A

Execute on the exchange floor, irrelevant to penny stocks

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3
Q

Explain “Full Service Brokers”?

A

Small & large firms alike, rarely allow trading in penny stocks

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4
Q

Explain “Boiler Room Brokers”?

A

Brokers that use marketing techniques to promote stocks to amateur investors

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PennyStocking (17 decks)

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