Two dollar broker

Two dollar broker
Definition: [crh] Floor broker of the NYSE, who executes orders for other brokDefinition: ers having more business at that time than they can handle with their own private floor brokers or who do not have their exchange ...

Two Dollar Broker
A floor broker who executes orders for other brokers--hence, sometimes called a "broker's broker".
See: Broker's Broker; Floor Broker; Independent Broker ...

TWO DOLLAR BROKER " See: Independent Broker.
TYPE OF OPTION " Call or put.

Two dollar broker
Floor broker of the NYSE, who executes orders for other brokers having more business at that time than they can handle with their own private floor brokers or who do not have their exchange member on the floor.

Two dollar broker
Used for listed equity securities. Floor broker of the N.Y.S.E.

Convincing a customer that trades are necessary in order to generate a commission. This is an unethical practice.
Two dollar broker ...

See also: Treasury bonds, Bills, Trading Range, T-bill, Floor broker