A stockbroker is a regulated professional who buys and sells stocks and other securities on behalf of clients. They charge fees on each share traded rather than a percentage of investment value. Fees are often tiered based on number of shares traded, with discounts for larger trades. There are different types of stockbrokers like discount brokers and floor brokers. Registering with stock exchanges offers structure and protects investors. Overall, stockbrokers play an important role in helping investors navigate markets and build balanced portfolios.

1. INTRODUCTION OF A SHARE BROKER
A stockbroker is a regulated professional individual, usually associated with a brokerage
firm or broker-dealer, who buys and sells stocks and other securities for
both retail and institutional clients. Stockbrokers are known by numerous professional
designations, depending on the license they hold, the type of securities they sell, or the services
they provide. A share broker is an investment professional who charges fees on each share that is
traded on behalf of his or her client. This is in contrast to the method of charging a percentage of the
value of the investment being traded. Many investors prefer this share trade method, since it can
lead to smaller fees, depending on the exact nature of the transaction.
With a share broker, the fee is based on the number of shares involved in the trade, with many
brokers of this type offering a reduction in the per unit charge as the number of shares increases.
For example, the broker may charge a specific rate per share if the number of shares is under ten
thousand. A different rate may apply if the number of shares is somewhere between ten and twenty
thousand, with an even lower rate per share assessed if the investor wishes to execute a trade
involving thirty thousand or more shares. Since the tiered pricing on the share trading strategy will
vary somewhat from one broker to another, it is always a good ideal to get an idea of what levels the
brokerage will offer additional discounts on the rate per share.
There is more than one type of share broker. The discount broker is the most common, offering
basic investment services at highly competitive rates. A floor broker places orders for clients on the
actual floor of the exchange, rather than using electronic means to do so. Upstairs brokers actively
look for investors to match their clients with, negotiate terms that are agreeable to both parties while
still below market rates, and execute the transaction is a very short time frame. Value brokers are
essentially discount brokers who specialize in the sale of smaller lots of securities that carry a low
price per share.
Like all brokers, a share broker should be registered as an agent with the stock exchanges where
the securities in question are actively traded. This makes the process of connecting buyers and
sellers much easier. In addition, it also offers investors a degree of security with the transaction,
since the broker must abide by the regulations put in place by the stock exchange, or run the risk of
losing his or her registration.
http://www.wisegeek.com/what-is-a-share-broker.htm

2. IMPORTANCE OF SHARE BROKER
When it comes to investing in stocks, one needs to be very cautious about taking various
positions in order to manage his or her investments. It is not wise to keep going long or short
frequently by anticipating any movement of the stock based on the information in hand. This can
adversely affect your net position as while you transact with your stocks, you also expend. That’s
right. Each transaction costs you some amount which is generally minimal and negligible
however, increased number of transactions can lead you to a pitfall. Keeping this in mind, it is
very important to get a good stock broker to help you trade better in the stocks.
There are many companies offering this service. However, there are some with great experience
and some that are only the beginners. So, be careful while opting for one. No doubt these also
charge you with some commission and fees. These are subject to the volume of investments and
the number of transactions to be serviced. There are minimal fixed charges. You can also avail
the consultancy services so that your decisions are right to fetch you good returns.
Many stock brokers are now providing online services as well. So if the best one is not near
your place, then you can get the help of the best stock broker online. They can help you move
smartly and help form a good and balanced portfolio. Practically, it is little difficult to get an
efficient portfolio 100%. However, you can book better returns with a better mix of the stocks
you wish to invest in. This can again be decided with the help of the professional service – both
the stock list and their individual weights.
http://learnstockmarketinvestment.blogspot.in/2013/02/the-role-and-importance-of-stock-
brokers.html

3. INTERVIEW OF A SHARE BROKER
1. How many methods of stock repurchase exists?
“There are three principal methods of repurchase: a fixed-price tender offer, a Dutch-auction tender offer and open-
market repurchase.”
2. What is the difference between bond market and stock market?
“The difference between these two markets is, the bond market is where investors go to trade debt securities,
prominently bonds. The stock market is a place where investors go to trade equity securities like common stocks and
derivatives.”
3. How many types of stocks are prevailing in the stock exchange market?
“Common stock • Concentrated stock • Golden share • Growth stock • Issued shares • Preferred stock • Restricted
stock • Shares authorized •Shares outstanding • Tracking stock • Treasury stock.”
4. Tell us about some types of debentures?
“The debentures are classified on the basis of the terms and conditions of their issue by the company .unordinary,
mortgage, redeemable, irredeemable, registered, bearer and convertible debentures.”
5. What is the difference between debentures and shares?
“Share is a part of owned capital. Debentures are an acknowledgement of debt.”
6. Who is a Stock Trader or Stock Investor?
“A stock broker is a regulated professional broker who buys and sells shares and other securities through market
makers. A broker may be employed by a brokerage firm.”
7. In India what are the universities offering stock broker courses India??
There is no university in the world, which offer stock broker courses. You don't need any specialized
course to become a stock broker. However, in India, there are some certificate level courses after
passing your HSC (10+2). The National Stock Exchange (NSE) of India offers NCFM courses, which are the
most popular among such courses. NCFM means NSE's Certification in Financial Markets.
8. What are the career potions available and what is the pay scale would be??

4. Your pay scale will be dependent upon your qualification and your job performance. I also have a
warning for you. The basic pay of a dealer is quite low. An important part of a dealer's salary is bonus,
which is dependent upon his performance. When market is in bull phase and when the dealer performs
well, often the dealer will earn more through bonus than his regular salary.
9. Who is best share broker?
no broker is the best broker & you should not believe any such claims made by any broker.
Share Market is a multi factored market with many cross issues affecting the rates / Sensex.
It is necessary to know basic facts of share market operations before investing or for a retail small
person it is best advisable to go the SIP route.
10. What is the Broker’s Role and What Expectations Should You Have?
The broker’s role is to advocate for your interests, which means your broker
should act as a consultant, rather than a commission-driven, fast-talker that’s just
seeking a quick, easy payout. The broker should drive economic value in the deal
by providing market insight, developing a project strategy capable of completing
the transaction, offering viable solutions to potential obstacles as they arise, and
delivering honest assessments throughout the transaction.
As the client, you should expect your broker to be an advocate and advisor. The
broker should listen, understand, and put into place a plan that accomplishes
your goals. View the client-broker relationship as a partnership from the start of
the deal to the closing and even beyond. Keep in mind, partnerships are twosided. While you should
expect your broker to listen, you also need to clearly
communicate with them – and listen to the counsel that the broker provides.
11. How does the broker come across?
Are they personable, professional, and purposeful? Are they giving focused or
vague answers to your questions? Are they asking you questions to better
understand your needs? Do your concerns and objectives seem important to
them or are they focused on promoting themselves.

5. 12. • What made you choose to apply to Stockbroker.?
13 • What are key tasks for Stockbroker?
14 • What are top 3 knowledge/top 3 skills for Stockbroker?
15• What tertiary qualifications have you attained that related to Stockbroker?
16• What is the most recent skill you have learned that related to Stockbroker?
17.• What are your strengths and weaknesses?