Floor broker


 

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Floor broker

Member of an exchange who is an employee of a member firm and executes orders, as agent, on the floor of the exchange for clients.



Floor broker

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Value broker

Value broker

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


Real estate broker

Real estate broker

One who arranges the sale and purchase of property in return for a commission. Known as an estate agent in the UK.


Execution only broker

Execution only broker

A 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.


Foreign exchange broker

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Intermediaries in the foreign exchange market that do not put their own money at risk.


Gross per broker

Gross per broker

The dollar amount of commissions generated by a broker or registered representative over a specific period.


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