Board broker


 

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Board broker

Employee of the Chicago Board Options Exchange who manages away from the market orders, which cannot be executed immediately.



Board broker

Similar Matches

Insurance broker

Insurance broker

A person specialising in insurance matters and who gives advice on the subject as well as arranging cover. Remuneration would normally be by way of commission from the insurer.


Brokerage fee

Brokerage fee

Commission or fees charged by a broker for conducting transactions for its clients.Brokerage fees can be structured in lots of different ways. Some brokers charge a percentage of the contract value, others charge a flat fee whatever the value of the contract, and others have a mixture of these two methods.


Value broker

Value broker

A discount broker whose rates are a percentage of the dollar value of each transaction.


Full service broker

Full service broker

A broker who provides clients an all-inclusive selection of services such as advice on security selection and financial planning.


Broker to broker

Broker to broker

A term used by the London Stock Exchange to denote that a transaction was between two member firms where neither firm is registered as a market maker in the security in question and neither is a designated fund manager.Brokers may also apply this indicator when buying or selling domestic equity market securities through a broker, which is not a member firm.


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