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Agency Basis

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Agency basis
A means of compensating the broker of a program trade solely on the basis of commission established through bids submitted by various brokerage firms.

Agency Basis
A form of compensation to a broker through commissions that are established by bids submitted by different brokerages. Agency basis compensation is used for brokers who handle program trading.


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The state PWDs implement these projects on an agency basis, and the centre pays them a 9% agency charge on the sanctioned project amount.
He added O'Sullivan, employed on an agency basis as a psychiatric nurse, was supported by his partner.
The Dolly Char service provides cleaners on an agency basis which means that we help our clients recruit a suitable individual in line with their specific needs.
 
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