Broker Association

Broker Association

A voluntary organization of members of an exchange in which members share responsibility for filling client orders, making trades, and so forth. That is, a broker association is a group of individual brokerages that acts as one brokerage. A broker association is useful especially for small brokerages that can "team up" with each other to make better deals for clients.
References in periodicals archive ?
Rencarge is a licensed real estate broker and is also a member of the Industrial and Office Real Estate Broker Association (IOREBA) and CoreNet Global.
Includes energy broker data from the London Energy Broker Association UK Power and Carbon indices, and Ginga.
He is a member of the Industrial Real Estate Broker Association, the Young Brokers Association, the United Way.
The Transportation Intermediaries Association (TIA), the nation's largest freight broker association, endorses TransCore's CarrierWatch (TM) online service to provide freight brokers with an efficient and cost-effective method of prospecting for as well as validating and monitoring carrier credentials.
Founded in 1990, CAMB is the second largest state mortgage broker association in the United States and currently has 2,200 members including loan originators and affiliate industry partners represented in 14 regional chapters throughout California.
CAMB is the second-largest state mortgage broker association in the United States and currently has 2,200 members including loan originators and affiliate industry partners represented in 14 regional chapters throughout California.
IBA West Service Corporation is a subsidiary of IBA West, the largest independent insurance agent and broker association in the western United States with over two thousand members.
Even prior to the agreement, the company has dominated the mortgage broker segment with a 26% market share, which is more than the next three vendors' combined share (according to a 1994 Mortech Study and a 1992 National Mortgage Broker Association study).
The Council of Insurance Agents & Brokers, the Independent Insurance Agents of America and over eighty other international agent and broker associations have formed the World Federation of Insurance Intermediaries (32.
It also provides an extensive list of nationwide co-packers and broker associations who can help develop and market your product; $27.
TrainingPro, the leading continuing education provider for the mortgage industry, recently announced partnerships with four state mortgage broker associations to provide education services for its members.