|
|
Broker dealer |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Broker dealerAny person, other than a bank, engaged in the business of buying or selling securities on its own behalf or for others. See: Dealer.Broker dealer Similar MatchesBond brokerBond brokerA broker on the floor of an exchange who trades bonds. StockbrokerStockbrokerSee: Registered representative Mortgage brokerMortgage brokerA company or individual that places mortgage loans with lenders, but does not originate or service loans like a mortgage banker. Advisory brokerAdvisory brokerA broker who not only deals in stocks and shares on behalf of his client, but also advises on what shares should be bought and sold for the portfolio.The broker will contact the client to suggest changes in the composition of the portfolio, but does not have authority to trade on a completely discretionary basis.The client pays a commission on dealing and may pay charges based on the value of the portfolio. Share brokerShare brokerA discount broker who charges per share traded, and reduces the per unit charge as the number of shares traded increases, as opposed to a dealer who charges a percentage of the dollar amount of the trade. Further SuggestionsListing brokerFloor broker Discount broker Brokered market broker Commission broker execution only broker discretionary broker Customs Broker mortgage broker Broker's fee Foreign exchange broker Contra broker broker to broker Mortgage broker Full service broker Broker Brokered CD Mortgage Broker Institutional broker stockbroker Nominated Broker Financial Intermediaries Managers and Brokers Regulatory Association real estate broker Two dollar broker |
|
|
|