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A jobber in the stock marketis a person responsible for "operating " (i.e. buying or selling) the stocks. In a way they are very simmilar to brokers.

Jobbers, however, only re-sell the stock they have to brokers but not to the general public.

Another difference is that a broker doesn't use his own money, but rather the money of the people (or institutions) on whose behalf they act.

A jobber in the Stock Market is a person responsible for "operating " (i.e. buying or selling) the stocks. In a way they are very simmilar to brokers.

Jobbers, however, only re-sell the stock they have to brokers but not to the general public.

Another difference is that a broker doesn't use his own money, but rather the money of the people (or institutions) on whose behalf they act.

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