Broker and Contingent item: Difference between pages

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1.  ''Markets - intermediaries.''
A condition which exists at a reporting date where the outcome will be confirmed only on the occurrence or non-occurrence of one or more uncertain future events.
 
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.




== See also ==
== See also ==
* [[Big Bang]]
* [[Contingency]]
* [[Broker-dealer]]
* [[Contingent]]
* [[Cybercriminal]]
* [[Contingent liabilities]]
* [[European Venues and Intermediaries Association]]
* [[Interdealer broker]]
* [[Initial access broker]]
* [[Intermediary]]
* [[Listing]]
* [[Prime brokerage]]
* [[Private client broker]]
* [[Retail broker]]
* [[Short selling]]
* [[Stock exchange]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 20:36, 10 September 2022

A condition which exists at a reporting date where the outcome will be confirmed only on the occurrence or non-occurrence of one or more uncertain future events.


See also

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