securities brokerage services meaning in English

证券经纪业务

The securities and exchange law requires the classification of securities firms into securities underwriters , propriety traders , and securities brokers . amongst which , securities underwriters conducts business in the primary markets , while propriety traders and securities brokers engage in secondary market businesses such as propriety trading and securities brokerage services
证券交易法第六条对有价证券有明文定义同法第十六条更明文将证券商划分为承销商自营商及经纪商，其中承销商即是从事初级市场业务，自营商及经纪商则是从事自营买卖及居间行纪等次级市场业务。