brokerage house

brokerage house
An individual or organization that solicits or accepts orders to buy or sell futures contracts or options on futures and accepts money or other assets from customers to support such orders. Also referred to as " commission house" or " wire house". Chicago Board of Trade glossary
A firm that handles orders to buy and sell futures and options contracts for customers. Chicago Mercantile Exchange Glossary

Financial and business terms. 2012.

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  • brokerage house — noun place where a broker conducts his business • Syn: ↑brokerage • Derivationally related forms: ↑broker (for: ↑brokerage) • Hypernyms: ↑workplace, ↑work …   Useful english dictionary

  • brokerage — The fee paid to a floor broker for executing orders. May be a flat amount or a percentage; also referred to as a commission. Chicago Mercantile Exchange Glossary Commission charges payable on securities transactions. Dresdner Kleinwort… …   Financial and business terms

  • House Call — A brokerage house notification that the customer s equity in a margin account has fallen below the maintenance requirement level. If the client fails to immediately deliver the required margin by depositing more funds or securities into the… …   Investment dictionary

  • house — firms that conduct business as broker dealers in securities or in the investment banking ( investment bank) field are characterized as houses. Bloomberg Financial Dictionary 1 A designation that refers to proprietary, non segregated clearing… …   Financial and business terms

  • brokerage — Synonyms and related words: admission, admission fee, agency, anchorage, barter, bartering, boiler room, brokerage house, brokerage office, bucket shop, buying and selling, carfare, cellarage, charge, charges, cover charge, dealing, demand,… …   Moby Thesaurus

  • brokerage — bro|ker|age [ˈbrəukərıdʒ US ˈbrou ] n [U] 1.) the business of being a broker 2.) the amount of money a broker charges 3.) brokerage house/firm a company of brokers, or the place where they work …   Dictionary of contemporary English

  • brokerage — noun (U) 1 the business of being a broker 2 the amount of money a broker charges 3 brokerage house/firm a company of brokers, or the place where they work …   Longman dictionary of contemporary English

  • brokerage firm — / brəυkərɪdʒ fɜ:m/, brokerage house / brəυkərɪdʒ haυs/ noun a firm which buys and sells shares for clients …   Dictionary of banking and finance

  • house call — Notification by a brokerage house that a customer s margin account is below the minimum maintenance level. The client must provide more cash or equity, or the account will be liquidated. Bloomberg Financial Dictionary …   Financial and business terms

  • house maintenance requirement — The internal rules of a brokerage house that govern the minimum amount of equity that must be present in a customer s margin account. Bloomberg Financial Dictionary …   Financial and business terms

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