• This is a dealer who trades in securities in his own right as a principal.
• He can set prices and activate the market through his own buying and selling hence he is a market maker.
• He engages in speculation and earns profit called Jobbers’ turn (selling price – buying price).
• He does not deal with members of the public unlike brokers. However, brokers can buy and sell shares through jobbers.
Kavungya answered the question on March 12, 2019 at 05:27
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