Independent broker
Definition:
NYSE member who executes orders for Floor brokers and firms other than its own. ...
Independent Broker
Member on the trading floor who executes orders for other brokers having more business at that time than they can handle themselves, or for firms who do not have their Exchange member on the floor.
Independent broker
NYSE member who executes orders for floor brokers and firms other than its own.
Independent Brokerage Firm: An investment company that is not owned by a bank, trust or insurance company. It is generally felt that these companies' brokers are free from the conflict of interests that can arise from non-independent firms.
independent broker NYSE member who executes orders for other brokers who temporarily have more orders than they can handle. independent contractor A person or business which provides goods or services to another entity under...
Commission Broker - A commission broker is independent broker, who received payment in the way of commission by taking a percentage of the value of a transaction that takes place on an asset.
A jobber is a professional independent broker who deals in securities on his own behalf. Like brokers he does not purchase or sell securities on behalf of a client for a commission.
This week's move by the Federal Reserve to reclassify the last two independent brokerage firms -- Goldman Sachs (NYSE: GS ) and Morgan Stanley (NYSE: MS ) -- as bank holding companies represents the final nail in the coffin of the regulatory ...
is an Independent brokerage and investment firm headquartered in Chicago, Illinois. Founded in 1996, Infinity has been providing customers from around the world access to the global derivatives markets for over 10 years.
Ibis Capital maintains a direct partnership with their RIA, Stratos Wealth Partners, a national network of experienced financial services practitioners affiliated with LPL Financial (Nasdaq: LPLA), the nation's largest independent broker-dealer*.
In recent years, new developments in web-related technologies have made it possible for a number of independent brokers to develop internet-based trading platforms.
Brokers are required to pass an exam and register with the Financial Industry Regulatory Authority (FINRA). Brokers may work within bond firms or they may work as independent brokers.
[4] Its members are located in more than 100 countries and hold positions in over 10,000 different securities.[5] All securities in mirroring accounts are purchased in the clients name and held in custody at an independent broker-dealer.
[OTS] booths About 1,400 workspaces, each equipped with a computer system, around the perimeter of the Trading Floor where member firms and independent brokers receive orders.
 See also: Market, Broker, Trading, Stock, Member
  
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