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Excerpt from Handling a Brokerage Account
The multiplicity of detail of the Cashier's Department would perforce necessitate an entire treatise upon the subject, were they to be described in full, but the Cashier's duties in brief may be stated as follows: Upon receiving the business of the previous day, comprising Clearing projects (in many instances odd lots or amounts less than one hundred shares are cleared) the Cashier notes whether or not the necessary payments are greater than apparent receipts. If he finds that the payments for the day will be greater than the receipts, he borrows sufficient funds through the help of his Stock Exchange member on the Stock Exchange, or directly from his bank; and uses the securities which have been purchased, or which he may have in his vault, to make up the collateral for the loans. When the funds from the loans have been received.
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Handling a Brokerage Account (Classic Reprint)
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Paperback. Zustand: New. Print on Demand. This book traces the evolution of stock brokerage from its origins to its modern form, examining its role in the development of the stock market and its impact on business and industry. The author sheds light on the essential duties of stockbrokers, their functions as intermediaries, and the services they provide to clients. The text also explores the history of brokerage firms and the New York Stock Exchange, providing valuable insights into their establishment and growth. Furthermore, the book delves into the various types of orders and their execution, discusses the concept of margin trading and its implications, and highlights the legal and ethical aspects of broker-client relationships. It emphasizes the critical role of stockbrokers in facilitating capital formation and economic growth, making it an invaluable resource for anyone seeking a comprehensive understanding of the stock market and its intermediaries. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781333595487_0
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Handling a Brokerage Account Classic Reprint
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781333595487
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Handling a Brokerage Account Classic Reprint
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781333595487
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