Crossword clues for stockjobber
The Collaborative International Dictionary
Stockjobber \Stock"job`ber\, n. [Stock + job.] One who speculates in stocks for gain; one whose occupation is to buy and sell stocks. In England a jobber acts as an intermediary between brokers.
Wiktionary
n. 1 (context chiefly British trading English) A stock exchange operator who deals only with brokers. 2 (context British pejorative trading English) An unscrupulous stockbroker.
WordNet
n. one who deals only with brokers or other jobbers
Wikipedia
Stockjobbers were institutions that acted as market makers in the London Stock Exchange. Prior to "Big Bang" in 1986, every stock traded on the Exchange passed through a 'jobber's book', that is, they acted as the ultimate purchasers of shares sold and the source of shares purchased, by stockbrokers on behalf of the latters' clients. Stockbrokers in turn were not permitted to be market makers.
Immediately prior to the Big Bang, the leading jobbing firms were Akroyd & Smithers, Wedd Durlacher, Pinchin Denny, Smith Brothers, Bisgood Bishop and Charles Pulley. All of these firms were acquired after the Big Bang by a number of different investment banks and other financial institutions.
Usage examples of "stockjobber".
Everyone knows the story, and I believe the hero of it was either a stockjobber or a man who made screws in Birmingham.
Europe, it permitted our stockjobbers to trade in their funds without interruption.
Cardsharpers and stockjobbers, disreputable adventurers and public functionaries were intimate friends.
My father was a liveryman like his father before him, a member of the Honourable Company of Stockjobbers and Brokers, and ended his career as the partner in charge of settlements at Carruthers and Stroud, before it was acquired after Big Bang, and my grandfather was a private client stockbroker at the same firm.
The stockjobbers, ever on the alert for a new speculation, dealt largely in tulips, making use of all the means they so well knew how to employ, to cause fluctuations in prices.