Full service agencies and discount agencies

One pays for what one gets. If one examines the historical trajectory of most of the stock exchange markets in the United states, one will verify that the fees for commissions where fixed: none of the stock exchange agencies were authorized to change less than minimum fixed for all the sector.

But, on May 1^{st 1975, the commission fees became negotiable, that is, the stock exchange agencies could charge a greater or lesser percentage on the commissions as permitted by the competition or benefit margins.}

Under this negotiable fees regime, the agencies could change a greater or lesser percentage depending on the services given to the investor. In this sense, the stock exchange agencies are divided into two great groups: those of full services and those with discount services.

Beginner Money Investing How do the Stock Exchange Agencies Function? Price To Earning Ratio (PER) What is then the primary market? Full service agencies and discount agencies What does the account executive need to know? What can you expect of an account executive?