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Date Posted: 12:54:13 01/28/02 Mon
Author: MP
Subject: Re: What is the difference between an agent and a broker then?
In reply to: Rich 's message, "What is the difference between an agent and a broker then?" on 16:49:06 01/26/02 Sat

There is no difference. The terms mean exactly the same thing. The important issue for you is wether Automodena acting as a Principal, i.e. they purchased stock and then sold it to you, or they acted as broker/agent in which case they supplied you with a service and charged you a service charge/fee. Automodenas web site indicates that this is how they should have been trading but you may need to look at the small print on your order form/contract.

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