agency
A firm which acts as an intermediary between buyers and sellers for a commission. Agency is a euphemism for Brokerage which executes customer trades for a fee, but does not take any financial risk as a firm or individually. In forex, an agency Transaction would be a trade made through a broker. Agency is the opposite of principal.
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Securities Exchange Act of 1934
creditworthy
nominal
Financial Services Authority (FSA)
North American Securities Administrators Association (NASAA)
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