Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/13371
Title: Study of stock exchange operations from a broker's office
Authors: Ramachandran, R.
Subramanian, N.
Keywords: Stock-exchange
Issue Date: 1987
Publisher: Indian Institute of Management (Ahmedabad)
Series/Report no.: SP;72
Description: The popular notion that brokers merely act as middlemen who bring together buyers and sellers has proved to be a wrong one. A broker performs the role of an intermediary between buyer and seller of shares and he is the only person authorized to transact business in the floor of the stock exchange. Many brokers other that this buy and sell on their own behalf. These shares are treated as stock in trade and not investments. As much as 85-95 percent of, M/s. G N Gupta's, leading broker in Ahmedabad, volume of business is accounted for by self transactions.
URI: http://hdl.handle.net/11718/13371
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