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Who's In the Room Explained: Who Touches Your Money Before You Do? | Canadian Investing
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You tap "buy" and shares appear in your account — but who touched your money along the way? This episode maps every intermediary standing between you and the market: your broker, the dealer on the other side, the exchange matching the trade, and the clearinghouse settling it.
Key takeaways:
- The full chain of intermediaries in a single stock trade
- What brokers and dealers actually do — and how they earn
- How clearing and settlement finalize your trade
- Where the hidden costs live…
The skinny
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