A forex member who acts on behalf of a customer. Responsibilities include order execution for purchases and sales and acting as an intermediary between customers. The brokerage will charge a fee or commission or a percentage of the bid/ask spread as compensation. Also called Brokerage House.
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full-service brokerage
brokers commission
Clearing Margin
Bucket Shop
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contingent reserve
sum of the years digits depreciation
galloping inflation
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