Any person, other than a bank, engaged in the business of buying or selling securities on its own behalf or for others. Bloomberg Financial Dictionary
See: dealer. Bloomberg Financial Dictionary
A member of the Stock Exchange who may trade with customers either as principal or act as agent on their behalf, completing a trade for the customer with a market maker or doing an agency cross (see dual capacity). Dresdner Kleinwort Wasserstein financial glossary
See dealer Exchange Handbook Glossary
An Exchange member firm, which provides advice and dealing services to the public and can deal on its own account. London Stock Exchange Glossary

* * *

broker-dealer ˌbroker-ˈdealer noun [countable] FINANCE
a broker that buys and sells Securities for clients and also trades on its own account

* * *

broker-dealer UK US (also broker/dealer) noun [C]
FINANCE, STOCK MARKET a person or a financial company that acts both as a broker, making investments for customers, and as a dealer making investments for themselves: »

We are one of the country's leading broker-dealers, supporting independent investment advisors nationwide.

Financial and business terms. 2012.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • broker-dealer — USA Most securities firms function as both a broker and dealer, so they are referred to as broker dealers. A broker is any person engaged in the business of effecting transactions in securities for the account of others in exchange for a fee or… …   Law dictionary

  • broker-dealer — roker dealer n. a financial specialist who trades for his own account and so acts both as a broker and principal. [WordNet 1.5] …   The Collaborative International Dictionary of English

  • broker-dealer — broker ,dealer noun count a person or company that buys and sells STOCKS, SHARES, or goods for other people …   Usage of the words and phrases in modern English

  • Broker-dealer — A broker dealer is a company that trades securities for customers as well as for its own account. In the United States, a broker dealer has to be registered with the Financial Industry Regulatory Authority. When executing trade orders on behalf… …   Wikipedia

  • broker-dealer — noun a financial specialist who trades for his own account and so acts both as a broker and principal • Hypernyms: ↑principal, ↑dealer * * * ˈbroker dealer f54 [broker dealer broker dealers] noun …   Useful english dictionary

  • Broker-Dealer — A person or firm in the business of buying and selling securities operating as both a broker and a dealer depending on the transaction. Technically, a broker is only an agent who executes orders on behalf of clients, whereas a dealer acts as a… …   Investment dictionary

  • broker-dealer — UK / US noun [countable] Word forms broker dealer : singular broker dealer plural broker dealers business a person or company that buys and sells stocks, shares, or goods for other people …   English dictionary

  • Broker Dealer Exchange — Broker Dealer Exchange, LLC (often referred to as BDX) is an investment bank. Headquartered in downtown New York at Hannover Square, BDX operates from several offices in New York, Los Angeles, St Petersburg and London.BDX is mostly involved in… …   Wikipedia

  • broker-dealer fund — ➔ fund1 * * * broker dealer fund UK US noun [C] FINANCE, STOCK MARKET ► a fund that is only open to broker dealers …   Financial and business terms

  • broker-dealer multi-clearer — Broker dealer multi clearer: following the Jan.1, 1992 introduction of district licences for each type of activity handled by brockerage firms, members firms with this status are authorized to clear not only their own transactions, but also those …   Financial and business terms

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”