Contra Broker
A term used to describe the broker participating on the opposite side of a transaction.
Notes:
For example, on a buy transaction, the contra broker would be the party selling the securities.
contra broker
broker on the opposite side-the buy side of a sell order or the sell side of a buy order.
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CONTRA BROKER - The broker on the buy side of a sell order or the sell side of a buy order.
CONTRA LIABILITY - A liability account that normally has a debit balance.
CONTRA BROKER " The opposing broker in a dealer-to-dealer securities transaction.
The process by which two contra brokerage firms in a trade agree to the terms of the transaction. Comparison can be either through a clearing corporation or on a trade-for-trade basis (that is, ex the clearing corporation).
Competitive Tender ...
A contra broker ...(Read more)
Contract Month
The specified month to which a futures or options contract refers. This is the month when the specified instrument is delivered in exchange...(Read more)
Contract Note ...
A random value that can take any fractional value within specified ranges, as contrasted with a discrete variable.
Contra broker
The broker on the buy side of a sell order or the sell side of a buy order.
Contract ...
contra broker The broker on the buy side of an order to sell or on the sell side of an order to buy. Contra Market In opposition to the direction of the market as a whole.A position is contra...
 See also: Sell order, Current Yield, Trade Date, Bills, Margin account
  
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