A Report on How Stock Brokers perform their trading operations

(Report on progress)

Submitted To:
Dhiman Kumar Chowdhury Professor, Department of Accounting & Information Systems University of Dhaka

Submitted By:
Ibrahim Khan Roll: 13090 Sec:A B.B.A 13th Batch Department of Accounting & Information Systems University of Dhaka

Date of Submission: 10th August, 2011

Acknowledgment

I would like to express my great appreciation to my honourable supervisor, Dhiman Kumar Chowdhury, Professor, Dept. of Accounting & information Systems, University of Dhaka for the time he has spent and all the inspiring comments, guidance and advice he has given in the accomplishments of this study. Without his encourage, I could not finish my project.

I would also like to thank Rakib Unddin, Branch manager, Mercantile Bank Limited for sharing with his practical experience about trading operation, proving different material related to my research work and thoughtful advice for performing my research.

Special thanks to my parents and all family relatives constant support in terms of material and spirit. Thanks also to all my friends who have been always supporting and caring of me.

Executive Summery
Stock exchanges are like market places where stockbrokers buy and sell securities for individuals or institutions. Stock prices fluctuate from minute to minute. The price of a stock at any given time is determined by the demand for it. Stock markets have gone through tremendous improvements to match the expectations of the growing industry. The introduction of norms for greater transparency in operations and the international trading and investments exposure as well as support of professional analysis have brought about tremendous improvements in this sector.

Dhaka Stock Exchange oversees the operations of banks and financial institutions as a watchdog .The scams in the past decades have put tremendous pressure on its operations. The opportunities are many with a wide choice of organizations and jobs to choose from professionals in this sector can hope for a good future.

The work of stock brokers has become a challenging one as it incorporates specialized knowledge of the markets as well as professional acumen. Brokers specialize in a variety of financial services such as bond issues, handling institutional accounts, or mutual funds.

They are employed by investment consultancies, broker firms, banks, insurance companies, pension funds, foundations, mutual funds and other financial institutions.

Stock brokers commonly divide their operations between private clients and institutional work. Alternatively some brokers act only as dealers (client investment managers) while others are principally advisors (equity sales advisors). In large firms stock brokers deal with and advise smaller firms or work for both individual and institutional clients.