Meaning 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. Also, person who acts as an intermediary between a buyer and seller, usually charging a commission. A "broker" who specializes in stocks, bonds, commodities, or options acts as an agent and must be registered with the exchange where the securities are traded. Antithesis of dealer
More terms such as Broker in Dictionary B.
- Definition Buying Climax:
- Examples A rapid rise in the price of a stock resulting from heavy buying, which usually creates the market condition for a rapid fall in the price broker definition.
- Definition Butterfly Spread:
- Examples derivative products. Complex option strategy that involves selling two calls and buying two calls on the same or different markets, with several maturity dates. One of the options has a higher broker explain.
- Definition Bid Away:
- Examples Refers to over-the-counter trading. Bid from another dealer exists at the same (listed) or higher (O.T.C.) price broker what is.
- Definition Boiler Room:
- Examples Used to describe place or operation in which unscrupulous salespeople call and try to sell people speculative, even fraudulent, securities broker meaning.
- Definition Baker Plan:
- Examples S. Treasury Secretary James Baker under which 15 principal middle-income debtor countries (the Baker 15) would undertake growth-oriented structural reforms, to be supported by increased financing broker abbreviation.
