Golden Recursion Inc. logoGolden Recursion Inc. logo
Advanced Search


This is a legal entity that acts as an intermediary between the seller and the buyer in different financial markets.

Brokerage activity in the securities market is a licensed type of activity. To obtain a license in most countries, you must complete special training and pass an exam.

Types of broker
  • Exchange broker. An exchange broker is required to have a license and be registered on the exchange or be a member of it. A broker in the securities market is a trade representative, a legal entity, a professional participant in the securities market, who has the right to conduct transactions with securities on behalf of a client and at his expense or on his own behalf and at the expense of a client on the basis of reimbursable agreements with a client. An exchange broker can make transactions indirectly, through specialists in various types of activities, as well as through dealers. The client gives the broker an instruction to complete a transaction, including such parameters as quantity, delivery time, price. The broker is obliged to provide a report on all transactions made on behalf of the client. Most often, transactions on the stock exchanges are carried out through brokerage houses.
  • Business broker. A business broker is a legal or natural person, an intermediary between the seller and the buyer of a ready-made business, an agent of business mergers and acquisitions. A business broker acts as a mediator in relations between the two parties, works in the interests of the transaction process.
  • Customs Broker. This is an individual or legal entity that represents the interests of clients in the preparation of documents in the customs authorities. Additionally, it can provide a range of logistics services for export-import operations.
  • Insurance Broker. An insurance broker is an independent subject of the insurance market, which, for a fee, carries out brokerage activities in insurance or reinsurance on its own behalf in the interests of its clients (persons with a need for insurance or rights of claim against the insurer). An insurance broker is looking for a suitable company (group of companies) for a client that provides optimal insurance conditions. If an insured event occurs, the broker helps the client to receive a refund. The insurance broker is also responsible for the payment of insurance premiums by the client.


Further Resources



Idahoan Foods, LLC
June 7, 2021
/PRNewswire/ -- Diamond Crystal Brands, Idahoan Foods, Knouse Foods, and Mount Franklin Foods have joined forces to launch the Foodservice Brands Alliance...


Golden logo
By using this site, you agree to our Terms & Conditions.