commission broker meaning
(Stock Exchange )
a person who buys and sells shares, bonds, etc. for other people and is paid a percentage of their value for this service
In the USA, a stock-exchange dealer who executes orders to buy or sell securities on payment of a fee or a commission based on the value of the deal.
A broker on the floor of an exchange who acts as agent for a particular brokerage house and buys and sells stocks for the brokerage house on a commission basis.
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- the joint high commission broke up without agreement on january 15, 1917.
- Commission brokers were already limited to Fidelity's Advisor fund group.
- Research and information has traditionally been the purview of the full-commission broker,
- After a month passed with no response, the commission broke relations with the Esperantists.
- He plans to argue that the commission broke its word and is politically motivated in seeking prosecution.