Saturday, November 21, 2009

The Role Of A Broker

To buy or sell shares on Bursa Malaysia, you need to use a registered broker who is a member of Bursa Malaysia. You cannot deal directly with Bursa Malaysia as only brokers have direct access to the market.
A broker acts as your agent - much like a real estate agent that sells your house.
He/she earns a commission on the value of shares you trade - just like a real estate agent earns commission on buying and selling houses for people.
A broker can also be involved in the listing of a new company by underwriting the float and marketing the float to their group of clients.

There are many brokers to choose from – click here for a list of all brokers.

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