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Broker to broker |
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Broker to brokerA 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.Similar MatchesReal estate brokerReal estate brokerAn intermediary who receives a commission for arranging and facilitating the sale of a property for a buyer or a seller. Financial Intermediaries Managers and Brokers Regulatory AssociationFinancial Intermediaries Managers and Brokers Regulatory AssociationThe self regulating organisation originally responsible for governing financial advisers. Became part of the PIA in 1994. Insurance brokerInsurance brokerA broker, independent of any insurance company, who represents the interests of the buyer in searching for insurance coverage at the lowest cost and providing the highest benefit to the buyer. Execution only brokerExecution only brokerA broker who buys and sells shares on the instructions of clients but who offers no advice about what to buy and sell.Self-directed investors who want to make their own decisions are most suited to this service, and will probably be attracted by the lower dealing costs. Investors who want advice will need to use the services of an advisory of discretionary broker.The website of The Association of Private Client Investment Managers and Stockbrokers- http://www.apcims.co.uk - provides a list of brokers and the services which they offer. Introducing brokerIntroducing brokerAn individual or firm who can perform all the functions of a broker except one. An introducing broker is not permitted to accept money, securities, or property from a customer. Further SuggestionsbrokerShare broker brokerage fee Mortgage broker carrying broker Bond broker Discount broker Full service broker Floor broker discretionary broker Mortgage broker Nominated Broker Contra broker Two dollar broker Association of Private Client Investment Managers and Stockbrokers Customs Broker Board broker Mortgage Broker Listing broker Broker advisory broker Independent broker Commission broker Value broker Brokered CD |
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