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Institutional broker |
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Institutional brokerA broker who buys and sells securities for institutional investors such as banks, and mutual funds, pensions.Institutional broker Similar MatchesInstitutional LendersInstitutional LendersBanks, savings and loan associations and other businesses which make loans to the public in the ordinary course of business, rather than individuals, or companies which may make loans to employees. Institutional investorInstitutional investorA financial institution which invests large amounts of money in the stock, bond and other financial markets. e.g. a pension or insurance fund. Contrast with an individual or 'retail' investor investing his or her own money. Instinet (Institutional Networks Corporation)Instinet (Institutional Networks Corporation)Computerized subscriber service that serves as a vehicle for the fourth market. "Instinet" is registered with the SEC As a stock exchange it numbers among its subscribers a large number of mutual funds and other institutional investors linked to each other by computer terminals. The system permits subscribers to display bids and offers (which are exposed system wide for whatever length of time the initiating party specifies) and to consummate trades electronically. Instinet is largely used by market makers, but, nonmarket makers and customers have equal access. |
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