1. Securities and Commodities Traders New Words and Definitions Copyright Texas Education Agency (TEA)

2. Securities and Commodities Broker a person who buys/sells stocks, bonds, and other investments for clients 2 Copyright Texas Education Agency (TEA)

3. Brokers individuals who act as agents for others to negotiate contracts, purchases, or sales in return for a fee or commission 3 Copyright Texas Education Agency (TEA)

4. Securities Exchange place where stocks, bonds, or other securities are bought and sold 4 Copyright Texas Education Agency (TEA)

5. Securities Investments other than an insurance policy for fixed annuity, issued by a corporation, government, or other organization which offers evidence of debt or equity 5 Copyright Texas Education Agency (TEA)

6. Investment Banking sales agents/traders sell stocks and bonds to investors 6 Copyright Texas Education Agency (TEA)

7. Investment Bankers 7 Copyright Texas Education Agency (TEA) sales agents who connect businesses that need money to finance their operations or expansion plans with investors who are interested in providing that funding in exchange for debt

8. Investment Banking Sales Agents sell stocks and bonds to investors 8 Copyright Texas Education Agency (TEA)

9. Floor Brokers negotiate the price with other floor brokers, make the sale, and forward the purchase price to the sales agent 9 Copyright Texas Education Agency (TEA)

10. Independent Brokers buy and sell stocks for their own accounts or corporate accounts that they manage 10 Copyright Texas Education Agency (TEA)

11. Specialists/Market Makers work directly on the exchange floor (generally one for each security or commodity being traded) 11 Copyright Texas Education Agency (TEA)

12. Financial Services Sales Agent sells a wide variety of banking, accounting, securities, insurance, tax preparation, and other related services 12 Copyright Texas Education Agency (TEA)

13. Stock a portion of the ownership of a corporation 13 Copyright Texas Education Agency (TEA)

14. Commodity physical substance such as oil, grain, food, and metal which is interchangeable with another product of the same type that investors buy or sell through a future price determined by supply and demand 14 Copyright Texas Education Agency (TEA)

15. Learn the Language Securities and commodities traders are involved with buying and selling numerous commodities. This occupation has many business terms that must be clearly understood. Copyright Texas Education Agency (TEA)15