Dictionary of banking and finance. 2015.
broker — bro·ker / brō kər/ n: an agent who negotiates contracts of sale (as of real estate or securities) or other agreements (as insurance contracts or mortgages) between the parties for a fee or commission compare dealer, finder ◇ An insurance broker… … Law dictionary
commission — com·mis·sion n 1: a formal written authorization to perform various acts and duties a notary s commission 2 a: authority to act for, in behalf of, or in place of another b: a task or matter entrusted to one as the agent for another 3 a: a group… … Law dictionary
broker — A company or individual that executes futures and options orders on behalf of financial and commercial institutions and/or the general public. Chicago Board of Trade glossary An agent who executes trades (buy or sell orders) for customers. He… … Financial and business terms
Broker — An individual who is paid a commission for executing customer orders. Either a floor broker who executes orders on the floor of the exchange, or an upstairs broker who handles retail customers and their orders. The New York Times Financial… … Financial and business terms
broker — An agent employed to make bargains and contracts for a compensation. A dealer in securities issued by others. White v. Financial Guarantee Corporation, 13 Cal.App.2d 93, 56 P.2d 550, 553. A middleman or negotiator between parties. A person… … Black's law dictionary
broker — An agent employed to make bargains and contracts for a compensation. A dealer in securities issued by others. White v. Financial Guarantee Corporation, 13 Cal.App.2d 93, 56 P.2d 550, 553. A middleman or negotiator between parties. A person… … Black's law dictionary
Commission broker — A broker on the floor of an exchange acts as agent for a particular brokerage house and who buys and sells stocks for the brokerage house on a commission basis. The New York Times Financial Glossary * * * commission broker commission broker ➔… … Financial and business terms
commission broker — A broker on the floor of an exchange who acts as agent for a particular brokerage house and buys and sells stocks for the brokerage house on a commission basis. Bloomberg Financial Dictionary * * * commission broker commission broker ➔ broker1 *… … Financial and business terms
broker-dealer — USA Most securities firms function as both a broker and dealer, so they are referred to as broker dealers. A broker is any person engaged in the business of effecting transactions in securities for the account of others in exchange for a fee or… … Law dictionary
Commission sharing agreement — ( CSA ) is a type of soft dollar arrangements that allows money managers to separately pay the executing broker for trade execution and ask that broker to allocate a portion of the commission directly to an independent research provider.… … Wikipedia
