Brokerage Company Stock – Some Aspects

The term brokerage company stock refers to the stock of a stock brokerage firm, a firm, which provides stock brokerage services to clients. The reason why brokerage company stock is issued, may vary just like it varies in case of a normal business. Brokerage company stock may be issued to raise capital or even to give a big boost to the credibility of the brokerage company in the market. Interestingly, some brokerage companies show some degree of hesitation, while trading their own brokerage company stock. If you are interested in trading brokerage company stock, information about some major brokerage firm stocks is provided in the following paragraph.

Merrill Lynch & Co., Inc. is a name synonymous with reliable and credible stock brokerage firms. The company is popularly known as Merrill Lynch. This is a publicly traded brokerage firm. The brokerage company stock of Merrill Lynch is traded on the New York Stock Exchange and on the Tokyo Stock Exchange. As on August 1, 2007, the brokerage company stock of Merrill Lynch was being traded for $73.05 on the New York Stock Exchange. In the Tokyo Stock Exchange the brokerage company stock of Merrill Lynch was traded at \'a58650 as on August 1, 2007.

Another famous brokerage company stock is that of Bear, Stearns & Co. Inc., which is traded through its parent company The Bear Stearns Companies, Inc. The brokerage company stock of Bear Stearns is listed on the New York Stock Exchange with the initials 'BSC'. The last trade, as on August 1, 2007, of this brokerage company stock was made at $118.30.

The Goldman Sachs Group, Inc. can be considered as one of the oldest brokerage firms, the stock of which is being traded today. Goldman Sachs was founded in 1869. The brokerage company stock of this company is listed on the New York Stock Exchange, with the initials 'GS'. On August 1, 2007, the brokerage company stock of Goldman Sachs was last traded at $189.

Some people carry the misconception that brokerage company stock trade is generally less risky as compared to stocks of regular companies, because as per their contention, stock brokers, who are well-versed in the stock trading markets, will never let a fall occur in the market prices of their own brokerage company stock as well as the brokerage company stock of other brokerage firms. This however, is as far from the truth, as any misconception can be. Brokerage company stocks are governed by the same financial principle as well as market rules, as other company stocks are governed. Thus, brokerage company stocks are as vulnerable to a bear market or a bull market, as other company stocks.