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sir will a stock broker be called a financial intermediary?
i am having little problem in understanding of financial intermediaryA stock broker can be considered a financial intermediary. Financial intermediaries are entities that act as intermediaries between savers and borrowers, bringing together providers and users of finance.
They collect funds from savers and lend them to borrowers in the form of loans or investments. Stock brokers, as intermediaries in the stock market, facilitate the buying and selling of stocks between buyers and sellers.
They help investors access the stock market and execute trades on their behalf. However, it’s important to note that not all financial intermediaries are stock brokers, as there are other types of intermediaries such as banks, insurance companies, and pension funds.
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