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.
Browse by Subjects
embargo
Securities and Exchange Commission (SEC)
outsource
Office Of Thrift Supervision
special audit
See All Related Terms »

purchase requisition
exchange
Fungible
Foreign Currency Futures And Options
final closing date