Stockjobber

Stockjobber

Stockjobbers were institutions that acted as market makers in the London Stock Exchange. Prior to the "Big Bang" in 1986, every stock traded on the Exchange passed through a jobber's book, where they acted as intermediaries between stockbrokers. Immediately prior to the Big Bang, the leading jobbing firms were Akroyd & Smithers, Wedd Durlacher, Pinchin Denny, Smith Brothers, Bisgood Bishop and Charles Pulley.

References

*Philip Auger, "The Death of Gentlemanly Capitalism" (Penguin: 2000)


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  • stockjobber — stock‧job‧ber [ˈstɒkˌdʒɑbə ǁ ˈstɑːkˌdʒɑːbər] noun [countable] COMMERCE another name for jobber * * * stockjobber UK US /ˈstɒkˌdʒɒbər/ noun [C] COMMERCE ► JOBBER(Cf. ↑ …   Financial and business terms

  • 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. [1913 Webster] …   The Collaborative International Dictionary of English

  • Stockjobber — Stockjobber, s. Stock und Jobber …   Meyers Großes Konversations-Lexikon

  • Stockjobber — (engl.), s. Jobber …   Kleines Konversations-Lexikon

  • stockjobber — [stäk′jäb΄ər] n. ☆ 1. a stockbroker, esp. one engaged in irregular trading: often used contemptuously 2. Brit. until the late 1980s, a member of a stock exchange who dealt only with brokers, and not the general public stockjobbery n. stockjobbing …   English World dictionary

  • Stockjobber — Stock|job|ber 〈[stɔ̣kdʒɔbə(r)] m. 3〉 Börsenspekulant, Aktienhändler [engl.] * * * Stock|job|ber [ stɔk...], der [engl. stockjobber, aus: stock (Stock Exchange) u. jobber, ↑Jobber]: Händler an der Londoner Börse, der nur Geschäfte für eigene… …   Universal-Lexikon

  • Stockjobber — Stock|job|ber, auch Stọck Job|ber [...dʒɔbɐ] der; s, s <aus gleichbed. engl. stockjobber, zu jobber, vgl. ↑Jobber> Händler an der Londoner Börse, der nur Geschäfte für eigene Rechnung abschließen darf (Börsenw.) …   Das große Fremdwörterbuch

  • stockjobber — noun Date: 1604 one who deals in stocks: as a. a member of the London Stock Exchange who deals speculatively with brokers or other jobbers and usually specializes in one class of securities called also jobber b. usually disparaging stockbroker …   New Collegiate Dictionary

  • stockjobber — stockjobbery, stockjobbing, n. /stok job euhr/, n. 1. a stock salesperson, esp. one who sells or promotes worthless securities. 2. Brit. a stock exchange operator who acts as an intermediary between brokers. [1620 30; STOCK + JOBBER] * * * …   Universalium

  • stockjobber — noun a) A stock exchange operator who deals only with brokers. b) An unscrupulous stockbroker …   Wiktionary

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