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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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He added O'Sullivan, employed on an agency basis as a psychiatric nurse, was supported by his partner.
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We believe we are the only agent to be appointed by Regus on a sole agency basis north of Cambridge and look forward to working with them.
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