Internalisation: Difference between revisions
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imported>Doug Williamson (Expand.) |
imported>Doug Williamson (Add link.) |
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== See also == | == See also == | ||
* [[Internalisation risk]] | |||
* [[Spread]] | * [[Spread]] | ||
Revision as of 17:41, 12 November 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.
