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.
Browse by Subjects
Securities and Exchange Commission (SEC)
Small Business Administration
Commodity Futures Trading Commission (CFTC)
See All Related Terms »
Securities Act of 1933
Dow Jones & Company, Inc.
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):