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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 MatchesDiscretionary brokerDiscretionary brokerA broker who not only deals in stocks and shares on behalf of his client, but who also makes the decisions about what should be bought and sold for the portfolio and has authority to execute those decisions without getting prior approval from the client. Also known as a full-service account.Contrast with advisory brokers and execution-only brokers.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. Mortgage BrokerMortgage BrokerOne who, for a fee, brings together a borrower and lender, and handles the necessary applications for the borrower to obtain a loan against real property by giving a mortgage or deed of trust as security. Also called a loan broker. Nominated BrokerNominated BrokerThe broking firm for companies listed on the Alternative Investment Market which brings buyer and sellers of the company's shares together. Association of Private Client Investment Managers and StockbrokersAssociation of Private Client Investment Managers and StockbrokersAn association formed in 1990 to represent the interests of stockbroking and investment management firms which specialise in the provision of services for private investors (Also known as private clients). Member stockbrokers are members of the London Stock Exchange and regulated by the Financial Services Authority (FSA). Investment management firms are also regulated by the FSA.http://www.apcims.co.uk. Mortgage brokerMortgage brokerAn independent agent who shops around for the best mortgage deal on behalf of his clients. Further Suggestionsbrokerinsurance broker Real estate broker Financial Intermediaries Managers and Brokers Regulatory Association Broker loan rate Insurance broker real estate broker brokerage fee Broker Broker dealer mortgage broker Contra broker Value broker Stockbroker Broker, Real Estate Brokered market Brokered CD Board broker stockbroker Two dollar broker Mortgage broker carrying broker Full service broker Share broker Discount broker |
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