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you will see, from the description of the way in which dealings are carried out, that there is a considerable art in dealing on the stock exchange. to deal correctly and o__ the best price requires much skill and e___. for this alone the client needs a Broker to act f___ him.
The Jobber also needs the Broker. It is i___ that the Jobber does not know the Broker's Client, as this would help him anticipate the client's i___ and adjust his price accordingly, but at the same time he must have c___ in his reliability.
It is for these reasons that the rules of the Market require all d___ on the Stock Exchange to be between Markets, the Brokers dealing as agents for their c___ , and the Jobbers dealing always for their o___ accounts. By this means, the Jobbers and the clients alike can be sure that the dealing procedures will be properly o___ and that the delivery and payment will be correctly completed.

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