Wire house

Wire house
A firm operating a private wire to its own branch offices or to other firms, commission houses or brokerage houses. ...

wire house
national or international brokerage firm whose branch offices are linked by a communications system that permits the rapid dissemination of prices, information, and research relating to financial markets and individual securities.

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Wire house. National or international brokerage firms. The term dates back to when only the largest firms had high speed communications. Through the dissemination of technology, regional brokers and small retail firms now have the same ability.

Wire house
National brokerage firms with multiple branches were, in the past, linked by private telephone or other telecommunications networks that enabled them to transmit important news about the financial markets almost instantaneously.

WIRE HOUSE " A brokerage firm with branch office network. Branches linked together various communications devices.

Wire House - A company whose different branches are linked by a communications system enabling the sharing of financial information, research, and prices.

Wire House - Brokerage firm whose branch offices are linked by communications systems that permit the rapid dissemination of financial information and quotations.

Wire house
International and national brokerage houses with multiple branches used to have an advantage over smaller firms because they were linked by private networks that enabled them to transmit important news about the financial markets almost ...

Wire House Broker
A non-independent broker working for a wire house firm, or a firm with multiple branches such as a national brokerage house.

See: Institutional Investor; Research Department; Retail Investor; Wire House ...

Problem faced by uninformed bidders. For example, in an initial public offering uninformed participants are likely to receive larger allotments of issues that informed participants know are overpriced.
Wire house ...

wire house A firm who links its branch offices by a communication system, allowing for... wire transfer An electronic transfer of funds. Wire transfers can be done by a simple bank...

See also: Commission house, Expense, Wire transfer, Warehouse receipt, When Issued