Broker: Difference between revisions
imported>Doug Williamson (Add definitions - source - linked pages.) |
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* [[Prime brokerage]] | * [[Prime brokerage]] | ||
* [[Private client broker]] | * [[Private client broker]] | ||
* [[Short selling]] | * [[Short selling]] | ||
* [[Stock exchange]] | * [[Stock exchange]] | ||
Latest revision as of 13:14, 16 December 2021
1. Markets - intermediaries.
A market intermediary who brings together buyer and seller for a commission paid by the initiator of the transaction or by both sides.
The broker does not take market positions itself.
2. Markets - intermediaries - investment - securities.
More specifically, an individual or a firm (also called broking house) that acts as an agent for investors by dealing in securities.
Usually, the broker will charge commissions (called brokerage) for providing advisory and trading services.
Brokers do not buy or sell on their own account but act as agents for clients.
3. Other situations.
Any facilitator or intermediary, including for illegal activities.
For example, initial access brokers are cybercriminals.
4. Verb.
To undertake the activities of a broker.
