Back Office definition :
Brokerage house clerical operations that support, but do not include, the trading of stocks and other securities.
Back office functions are support functions such as clearing and settlement, accounts and compliance.
Back offices may be somewhere other than the headquarters of a company. Many are in areas and countries with cheaper rent and lower labor costs.
Back offices may be somewhere other than the headquarters of a company. Much of the time they are in areas and countries with cheaper rent and lower labor costs. Back office functions can be outsourced to consultants and contractors in any country.
The back office sees to accounting records, compliance with government regulations, and communication between branches.
BACK OFFICE - Brokerage house clerical operations that support, but do not include, the trading of stoc...
BACK ON THE SHELF - In the context of general equities, permanently canceled order/interest in a stock ...
Back Office
Those departments of a broker-dealer that are not directly involved in sales or trading. Some back office functions include cashiering, accounting, and the record keeping of clients' cash or margin accounts.
Back office: the administrative staff of a company who do not have face-to-face contact with the company's customers.
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Back Office - Administration and support personnel in a financial services company. They carry out functions like settlements, clearances, record maintenance, regulatory compliance, and accounting.
Back office. The support operations of a bank or brokerage firm that don't deal directly with customers. "Back office problems" usually refers to slow paperwork or other bottlenecks in the execution of customers' orders.
Back office
Refers to the activities of a firm that are necessary to its functioning but are not directly part of production, such as accounting.
Back Office - the secure, password-protected component of WebCommerce where a merchant manages his store's properties, tax tables, shipping tables, categories, products, their options and values, ...
Back Office - Term which refers to the administrative and clerical departments within a brokerage firm.
Balance Sheet - Key financial statement showing a corporation's assets, liabilities and shareholder capital.
Back office
Settlement and related processes where brokerage houses perform clerical operations that support, but do not include, the trading of stocks and other securities.
Back Office - Is the area or function which relates to the processing, record keeping, and other operational aspects of transactions for financial firms. This compares to Front Office and Middle Office.
back office The administrative functions at a brokerage that support the trading of securities,... back pay The salaries and wages from a prior pay period. back taxes Any outstanding taxes not paid when due.
Operations department See: Back office. Opex See: Operating Expenses Opinion shopping Attempts by a corporation to attain reporting objectives by following questionable accounting principles, ...
Operations department See: Back office. Opinion shopping Attempts by a corporation to attain reporting objectives by following questionable accounting principles, with the help of an auditor willing to sanction the practices.
Back offices were thrown into confusion trying to process trades and maintain client records. Errors multiplied, causing losses.
A term that refers to the main business activities of a company, as opposed to the operational or `back office' operations.
There are many different systems in a large company's "back office," including planning, manufacturing, distribution, shipping, and accounting.
When brokerage firm orders to buy and sell were handled manually, the back office of the firm was called the wire room.
Back Office
Brokerage house administrative operations that support the trading of stocks and other securities. Includes all written confirmation and set...(Read more)
Back Taxes ...
The wire room is the back office of a brokerage firm. People who work there send the buy or sell orders that come in from brokers to the firm's trading department or floor traders.
When you opt for a reliable forex IB program, you can certainly expect to receive complete administrative and back office services. There are also custom-made plans available for your customers.
An investment bank is split into the so-called front, middle, and back office functions. The front office deals with investment banking and management, sales and trading, structured products, private equity investment, research, and strategy.
Technical Back Office
Technical Background Document
Technical Bankruptcy
Technical Barriers to Trade
Technical Base Advisory Group
Technical Baseline Document
Technical Baseline Measure
Technical Basis for Regulation
Technical Beamline Support ...
"Winona Health needed a very robust ERP solution across the board, from clinical all the way through to accounting, payroll, HR, from the front office to the back office," Tumblin says.
The CUSIP number is used to facilitate back office clearing, matching, and settlement of securities.
If 'Big Bang' was the revolution which changed the face of the 'front end' of the stockbroking business (the bit the private investor sees), then ten years later came the wholescale shake up of the 'back office'.
Financial and operations principal: Person in a NASD-member firm who is responsible for the financial reports of the firm, keeping of books and records, supervision of back office operations, and compliance with financial responsibility rules, ...
In the context of futures and options trading, refers to the months of contracts with expiration dates farthest away. See farthest month.
Back office ...
They carry out functions like settlements, clearances, record maintenance, regulatory compliance, and accounting. When order processing is slow due to high volume, it is commonly referred to as "back office crunch." ...
It captures the order from the time that it is taken, to transmission to the kitchen area, to the time of payment. Time recording is also possible with a link to an actual time clock. Can be linked to a back office computer to convert data into a ...
that no laws or financial market regulations are broken), internal auditors of various kinds (to examine internal systems and controls), financial controllers (to control the institutions own money and costs),computer experts, and the "back office" ...
 See also: Banks, Expense, Saving, Bills, Funding
  
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