commission broker

A broker on the floor of an exchange who acts as agent for a particular brokerage house and buys and sells stocks for the brokerage house on a commission basis. Bloomberg Financial Dictionary

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commission broker commission broker broker1

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commission broker UK US noun [C] STOCK MARKET
someone who buys and sells shares, bonds, etc. for people and receives part of the money paid for them for doing this

Financial and business terms. 2012.

Look at other dictionaries:

  • Commission Broker — Someone who gets paid by the brokerage company for which he works for each order of securities he executes on a customer s behalf. The commission structure can encourage unethical behavior by unscrupulous commission brokers. For example, a… …   Investment dictionary

  • Commission broker — A broker on the floor of an exchange acts as agent for a particular brokerage house and who buys and sells stocks for the brokerage house on a commission basis. The New York Times Financial Glossary * * * commission broker commission broker ➔… …   Financial and business terms

  • commission broker — In the USA, a stock exchange dealer who executes orders to buy or sell securities on payment of a fee or a commission based on the value of the deal …   Big dictionary of business and management

  • commission broker — /kə mɪʃ(ə)n ˌbrəυkə/ noun a stockbroker who works for a commission …   Dictionary of banking and finance

  • commission broker — agent which sells stocks or property and takes a fee for every sale …   English contemporary dictionary

  • Commission broker —   A member of an exchange who executes orders for the sale or purchase of financial futures contracts …   International financial encyclopaedia

  • 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

  • broker — An agent employed to make bargains and contracts for a compensation. A dealer in securities issued by others. White v. Financial Guarantee Corporation, 13 Cal.App.2d 93, 56 P.2d 550, 553. A middleman or negotiator between parties. A person… …   Black's law dictionary

  • broker — An agent employed to make bargains and contracts for a compensation. A dealer in securities issued by others. White v. Financial Guarantee Corporation, 13 Cal.App.2d 93, 56 P.2d 550, 553. A middleman or negotiator between parties. A person… …   Black's law dictionary

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