What is the role of brokerage firms in financial markets?

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What is the role of brokerage firms in financial markets?

The role of brokerage firms in financial markets is to act as intermediaries between buyers and sellers of financial securities. They facilitate the buying and selling of stocks, bonds, and other financial instruments on behalf of their clients. Brokerage firms provide various services such as executing trades, providing investment advice, managing portfolios, and offering research and analysis. They play a crucial role in ensuring liquidity and efficiency in financial markets by matching buyers and sellers and facilitating the flow of capital.