Company of broking

A company of broking or broker ( broker in English) is a company or a person which is used as intermediary for an operation, generally financial, between two counterparts. The activity of broking is controlled in many countries, in order to protect the speakers on the market.

Broking in real estate credit

Broker in freighting (maritime)

to see transit Transit or Transport commissioner Its role mainly consists in holding a place for a container near the ship-owners maritime, the broker in maritime freighting fear also of dealing with additional activities (see lower paragraph) such as for example:

the administrative side related to the freighting
council on the operations of international business related to the freighting: choice of the incoterm, customs policy,
because of its proximity between the shipper and the ship-owner, it can propose services of handling, post and pre routing, customs, insurance… etc

Because of the concept of integration of the supply chain, one attends " generalizations of the métiers" , i.e. that appearance of professionals who deal with several operations related to transport and logistics. Thus a broker can deal with the insurance or road carrier to propose a service of broking (via a broker partner for example).

Because of its with dimensions " commissionnaire" (remunerated by commissions), the broker east governs by the L-131-1 articles in L-131-9 of the code of the trade in France.

Procedures and computerization

Broking was a fundamental activity in the financial markets. It tends to regress with the profit of the simple performance of service data processing even if, thanks to annual growth rates with two digits of the volumes treated on the markets, the sector is not exactly in a crisis.

In the case of a Gone organized, the broker was generally transformed into simple operator of seizure: it returns the orders of its customers in the computing system of the Bourse. On the markets Private, it will connect two of these customers who have contrary interests. In both cases, it is remunerated according to the volume or of the face value of the transaction.

The broker on a market private has a precise sight of his market and will quickly know at which to address itself to conclude a business. When it carries out its research, it does not specify the identity of its customer. This one is specified only at the time of the final agreement on the operation, and still only if the broker is not Ducroire. The counterparts profit from a certain discretion.

With the advent of technologies of electronic communication (Internet or networks owners), the Trader and the broker do not have often any more a direct contact: all the operations related to broking are automated. However, when a market requires a true research task of interests and negotiations, the activity of broking is still carried out by telephone.

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