A securities account sometimes known as a brokerage account is an account that holds financial assets such as securities on behalf of an investor with a bank, broker or custodian. Investors and traders typically have a securities account with the broker or bank they use to buy and sell securities.
Securities accounts can be of different types, such as a share account, options account, margin account or cash account. Securities accounts are typically treated as client funds keeping them separate the firms funds to meet financial regulations in most countries.
- ^Joshua Kennon (March 21, 2018). “How Brokerage Accounts Work and The Types of Investments They Can Hold”. the balance.
- ^“Account Types”. Investopedia.