Agency basis


 

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Agency basis

A means of compensating the broker of a program trade solely on the basis of commission established through bids submitted by various brokerage firms.



Agency basis

Similar Matches

Administrative agency

Administrative agency

A unit of government charged with the administration of particular laws. In the United States, those most important for administering laws related to international trade are the ITC and ITA.


Credit reference agency

Credit reference agency

An agency which holds information about the credit reliability of consumers and makes the information available at a fee to companies offering credit terms (e.g. credit card companies, mail order companies).


Contributions Agency

Contributions Agency

An executive agency within the Inland Revenue. The Contributions Agency deals with all aspects of NI (National Insurance) contributions. The agency has locations throughout the country.


Agency securities

Agency securities

In the US, these are securities issued by federal government agencies.


Agency bank

Agency bank

A form of organization commonly used by foreign banks to enter the US market. An agency bank cannot accept deposits or extend loans in its own name; it acts as agent for the parent bank. It is also the financial institution that issues ADRs to the general market.


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