Internalisation

From ACT Wiki
Revision as of 17:41, 12 November 2016 by imported>Doug Williamson (Add link.)
Jump to navigationJump to search

1.

The practice where customer trades are executed internally within a brokerage or through intermediaries rather than through an exchange.

The brokerage keeps any money it may make on the spread (the difference between the purchase price and the sale price).


2.

Netting of transactions within a group of businesses, thereby reducing the number and cost of external transactions.


See also