Securities account

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

A securities account sometimes known as a brokerage account is an account that holds financial assets such as securities on behalf of an investor with a bank, broker or custodian. Investors and traders typically have a securities account with the broker or bank they use to buy and sell securities.[1]

Securities accounts can be of different types, such as a share account, options account, margin account or cash account.[2] Securities accounts are typically treated as client funds, keeping them separate from the firm's funds. This separation meets the financial regulations of most countries.

References[edit]

  1. ^ Joshua Kennon (March 21, 2018). "How Brokerage Accounts Work and The Types of Investments They Can Hold". the balance.
  2. ^ "Account Types". Investopedia.