Wire house

Wire House
Wire House - Dealing with financial information and transaction, a wire house is a company with different branches and systems, that helps with sharing information and transfers.

Wire house
Definition:
A Firm operating a private wire to its own Branch offices or to other firms, Commission houses, or brokerage houses. ...

Wire House - An individual or organization that solicits or accepts orders to buy or sell commodity futures contracts or options on futures and accepts money or other assets from customers to support such orders.

Wire House: See Futures Commission Merchant (FCM).
Writer: See Option Seller : The person who sells an option in return for a premium and is obligated to perform when the holder exercises his right under the option contract.

What is a Wire House?
What is a Bank Company?
What Should I Consider When Choosing a Bank?

For more years than I care to admit, I left the investing to a major wire house brokerage. Too late I found myself with lots of IPOs bought @ 25 and now in the low teens or worse. Also a pile of mutual funds paying little or no dividends.

A company or individual who solicits orders to buy or sell futures contracts or options that are traded on organized exchanges. Also called commission house or wire house.
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wire house
A 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. wrap fee ...

All deposits made are guaranteed the same credit rating. Related: Bullet contract Wire house A firm operating a private wire to its own branch offices or to other firms, commission houses or brokerage houses. Writer The seller of an option.

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: Broker, Sell, Option, Commission, Market