broker dealer
A broker who buys and sells stocks as a principal to the Transaction. Some brokerage firms maintain an inventory of stock holdings from which it attempts to fill clients' orders before submitting the orders to a specialist or market maker. In this case, the broker acts as both an agent for the Client and a principal to the transaction.
Browse by Subjects
market maker
broker
primary dealer
dealer
Branch Office
See All Related Terms »

Dalian Commodities Exchange
command economy
decile
Covered warrant
note