Archive for the ‘make money in 2010’ category

How Does My Stock Broker Find A Seller When I Request To Buy Shares Of Stock?

January 21st, 2010

I have never bought a stock before. I am reading about it. Let’s say I use Scott Trade. I call Scott Trade and say I want to buy 100 shares of XYZ. How does the broker at Scott Trade find someone who wants to sell 100 shares? Is there some type of a software program that my broker uses to find 100 shares of XYZ for sale? I always choose best answer, thanks for your time.