Sunday, September 30, 2018

How do I verify if the broker really bought shares on my name?

If there's a crisis or the broker just goes bust it's important that my shares are really out there on my name. I read that some brokers are buying only "in the house" which as I understand they are a proxy brokers and buy these shares from main exchanges like NSE, NASDAQ etc. but some of them just pretend that they buy these shares but the offer never really hits the main market. Besides transfering my shares to a different broker can I somehow easilly check if the shares really exist on my name?



Submitted September 30, 2018 at 11:40AM by NigerPatrol https://ift.tt/2y4gxtK

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