Internalisation: Difference between revisions
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imported>Doug Williamson m (Spacing 22/8/13) |
imported>Doug Williamson (Expand.) |
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1. | |||
The practice where customer trades are executed internally within a brokerage or through intermediaries rather than through an exchange. | 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). | 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 == | == See also == | ||
* [[Spread]] | * [[Spread]] | ||
Revision as of 20:24, 20 June 2016
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.
