foreign exchange broker

foreign exchange broker
intermediaries ( intermediary) in the foreign exchange market that do not put their own money at risk. Bloomberg Financial Dictionary

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foreign exchange broker foreign exchange broker broker1

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foreign exchange broker UK US noun [C] FINANCE
a person or organization that buys and sells currencies for others: »

After graduating from Cornell with a political science degree, he went to work on Wall Street as a foreign exchange broker.


Financial and business terms. 2012.

Look at other dictionaries:

  • foreign-exchange broker — A broker who specializes in arranging deals in foreign currencies on the foreign exchange markets Most transactions are between commercial banks and governments. Foreign exchange brokers do not normally deal direct with the public or with firms… …   Big dictionary of business and management

  • foreign exchange broker — /ˌfɒrɪn ɪks tʃeɪndʒ ˌbrəυkə/, foreign exchange dealer noun a person who deals on the foreign exchange market …   Dictionary of banking and finance

  • foreign exchange trader — UK US noun [C] (also foreign exchange broker) FINANCE ► someone whose job is to buy and sell currencies: »He is a former foreign exchange trader who now works as a consultant to the industry …   Financial and business terms

  • Exchange broker — exchange ex*change ([e^]ks*ch[=a]nj ), n. [OE. eschange, eschaunge, OF. eschange, fr. eschangier, F. [ e]changer, to exchange; pref. ex out + F. changer. See {Change}, and cf. {Excamb}.] 1. The act of giving or taking one thing in return for… …   The Collaborative International Dictionary of English

  • Foreign exchange market — Forex redirects here. For the football club, see FC Forex Braşov. Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange… …   Wikipedia

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  • exchange broker — A broker who makes and concludes bargains for others in matters of money or merchandise; learns the rate of exchange, and notifies his employers. Portland v O Neill, 1 Or 218, 219. A broker who negotiates bills of exchange drawn on foreign… …   Ballentine's law dictionary

  • broker — A company or individual that executes futures and options orders on behalf of financial and commercial institutions and/or the general public. Chicago Board of Trade glossary An agent who executes trades (buy or sell orders) for customers. He… …   Financial and business terms

  • Broker — An individual who is paid a commission for executing customer orders. Either a floor broker who executes orders on the floor of the exchange, or an upstairs broker who handles retail customers and their orders. The New York Times Financial… …   Financial and business terms

  • exchange — ex*change ([e^]ks*ch[=a]nj ), n. [OE. eschange, eschaunge, OF. eschange, fr. eschangier, F. [ e]changer, to exchange; pref. ex out + F. changer. See {Change}, and cf. {Excamb}.] 1. The act of giving or taking one thing in return for another which …   The Collaborative International Dictionary of English

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