Internalisation: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Added term as suggested by John Grout) |
(No difference)
|
Revision as of 11:54, 29 March 2013
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 ).
