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What does a broker do?
A broker is a so-called "middleman", that is, an intermediary businessman who introduces and facilitates a transaction between a buyer and a seller and gets a commission from it.

1995 10 The Measures for the Administration of Brokers promulgated by the State Administration for Industry and Commerce points out: "Brokers as mentioned in these Measures refer to citizens, legal persons and other economic organizations that engage in brokerage business such as brokerage, brokerage and agency in economic activities for the purpose of collecting commissions."

Generally speaking, brokers refer to legally established brokerage organizations and individuals who provide convenience for other people's commodity transactions, act as contract intermediaries when the client and the contractor conclude contracts, provide information, opportunities and conditions for the client to conclude contracts, or sign contracts with the contractor on behalf of the client in anonymous transactions and get commissions from them.

Brokerage industry classification:

1. comprehensive broker: the so-called comprehensive broker refers to the middleman who engages in commodity trading that is allowed by the state and does not belong to special industries. The main economic activities of general brokers are to find sellers for the buyers of commodities, find buyers for sellers, bridge the gap between buyers and sellers, and promote the transactions between buyers and sellers. General brokers are also called commercial brokers in developed areas of foreign brokerage industry.

2. Futures brokers: Due to the characteristics of futures trading, futures brokers are generally divided into brokerage companies and brokers.

3. Technical brokers: Technical brokers refer to citizens, legal persons and other economic organizations engaged in brokerage business such as brokerage, intermediary and agency for the purpose of collecting commissions and providing convenience for others' technical transactions.

The above contents refer to Baidu Encyclopedia-Broker.