Brokerage
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.
Browse by Subjects
Client
Goods and Services Tax
cash account
agency
prime broker
See All Related Terms »

Crash of 1987
reducing balance method
gross yield
derivative
bond discount