Stock quotes and market news for individuals and businesses in Lubbock, Texas.
A Lubbock feeder is an individual or business that buys stocks on behalf of others. They act as a middleman, holding the stocks until they are sold to their clients.
Using a Lubbock feeder can provide several benefits for individuals and businesses. It allows them to diversify their portfolios by investing in various stocks without having to manage them personally.
Lubbock feeders typically work with financial advisors, brokerages, or investment firms that offer stock buying and selling services. They sign a contract specifying the terms of their relationship, including the fees they will be charged by the feeder and the stocks they will buy on behalf of clients.