Commission

 

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Commission

A percentage of the sale price which the selling party receives. This can be an estate agent in relation to a property, a broker selling you a mortgage or other products and even a dorr to door salesman selling you a nice new set of double glazing.

Commission

Compensation due a real estate broker for acting on behalf of the principal.

Commission

Payment made to a stockbroker when you buy or sell shares. In general, the level of commission you pay will either be a flat fee (possibly going up in stages according to the size of the deal) or a percentage based on the size of the deal.An important determinant of the amount of commission you pay will be the kind of service you get from your broker.Discretionary : the broker has general discretion as to how he manages your portfolioAdvisory: the broker will contact you to suggest changes in the composition of your portfolio, but he does not have the authority to trade on a completely discretionary basis.Execution only: the broker's primary function is to execute the buy/sell instructions which you give him. He does not give advice either proactively or at your request.As a rule, execution only brokers are the cheapest for transaction costs.



Similar Matches

Commodity Futures Trading Commission

Commodity Futures Trading Commission

Created by the US Congress in 1974 to regulate exchange trading in futures. URL: http://www.cftc.gov


Commodity Futures Trading Commission (CFTC)

Commodity Futures Trading Commission (CFTC)

An agency created by the US Congress in 1974 to regulate exchange trading in futures.


Securities & Exchange Commission (SEC)

Securities & Exchange Commission (SEC)

A federal agency that regulates the US financial markets. The SEC also oversees the securities industry and promotes full disclosure in order to protect the investing public against malpractice in the securities markets.


Federal Maritime Commission (FMC)

Federal Maritime Commission (FMC)

A U.S. government agency that regulates and administers the shipping industry. This agency also grants freight forwarder licenses.


Futures Commission Merchant

Futures Commission Merchant

In the US, an individual or organisation accepting orders to buy or sell futures contracts or futures options, and accepting payment for his services. FCMs must be registered with the CFTC and the NFA.


Further Suggestions

Securities and Exchange Commission Rules
Fee and commission compensation
Futures commission merchant (FCM)
Underwriting Commission
International Organization of Securities Commissioners
Securities and Exchange Commission
commission house
Commission broker
Commission house
Split commission
indemnity commission


 
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