The Law And Customs of the Stock Exchange : With An Appendix Containing the Rules And Regulations Authorised By the Committee for the Conduct of Business

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C to advertise for business purposes, or to issue cir- outsids culars to persons other than their own principals.
Brokers or agents who advertise are not in any way connected with the Stock Exchange or under the control of the Committee. Lists of members of the Stock Exchange who act as stock and share brokers may be obtained on application to the Secretary of the Committee.
A person desirous of buying or selling securities Business, may, of course, himself find some one willing to sell or to b
...uy the same securities, and may deal with him without the intervention of the Stock Exchange ; but the Exchange, being the only recognised market for such securities, affords to the public the very great advantage of being enabled, by means of a stockbroker and a jobber, to buy or to sell at any moment any quantity of stock or any number of any description of shares at the market price of the day, and to conclude the transaction, in the large majority of cases, on the following settling day.
If then the would-be buyer or seller wishes to avail himself of this advantage, he will enter upon a transaction of the kind which we propose in the following chapters to examine in detail.


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