Broker dealer

Broker dealer,

Definition of Broker dealer:

  1. In securities trading, individual or firm that may act either as a broker (the agent) or a dealer (the principal) but not both in a transaction.

  2. A brokerage firm that buys and sells securities on its own account as a principal before selling the securities to customers.

Synonyms of Broker dealer

Dealer, Broker-dealer, Agent, Negotiator, Trafficker

How to use Broker dealer in a sentence?

  1. It has now requested details from large broker-dealers, transfer agents, and the 80 largest U.S. mutual-fund families on their trading practices.

Meaning of Broker dealer & Broker dealer Definition