- Any person, other than a bank, engaged in the business of buying or selling securities on its own behalf or for others. Bloomberg Financial DictionarySee: 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] FINANCEa 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: »
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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 — 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 … Financial and business terms
broker-dealer — /ˌbrəυkə di:lə/ noun a dealer who makes a market in shares (i.e. buys shares and holds them for resale) and also deals on behalf of investor clients … Dictionary of banking and finance
broker-dealer — noun (in the UK) a person combining the former functions of a broker and jobber on the Stock Exchange (now the official term on the UK Stock Exchange) … English new terms dictionary