brokerage firm
A business that derives its prime source of income from acting as an intermediary for buyers and sellers in a financial, commodity or currency market. A brokerage firm makes its money by charging customers a commission to buy or sell for them. In the forex market, a brokerage firm generally makes their commission on the bid/offer spread in currency pairs.
Browse by Subjects
call loan rate
margin
Regulation U
segregated account
managed account
See All Related Terms »

Transaction Costs
proxy fight
random sample
gross profit method
Carry-Over Charge