Broker's Call

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Broker's Call

The interest rate at which banks make loans to brokers in order to finance margin loans for their clients. Because the broker wishes to make a profit on his/her own margin loans, he/she offers margin loans at a premium to the broker's call rate. Margin loan rates are quoted with respect to the broker's call rate, which is published daily in different periodicals.
References in periodicals archive ?
To contact a broker call 0870 950 1790 or log on to www.
SURETRADE, the fastest-growing securities trading firm on the Internet, announced new margin loan rates for its clients that are the lowest on the Internet, ranging from 1/2% to 2% below the broker call rate.
com tells host Donna Guzik, "If your broker calls you to offer you shares in an IPO, hang up the phone.
Of course, the broker calls you back a week later, which is enough time that you've received the literature but haven't forgotten about the broker.
We have already made the moves necessary for people to advise us on the relocations," Gould said, hoping to avoid "hundreds" of broker calls.
Moving to broker calls, QUALCOMM (Nasdaq:QCOM) received a lift to "buy" from "neutral," with the analyst citing that third-generation handset shipments are set to accelerate.
Elsewhere in the world of broker calls, Electronics for Imaging was dropped to "neutral" from "buy," while Sprint (NYSE:FON) was upped to "buy" from "hold.
This bullish configuration of broker calls leaves MCD vulnerable to potential future downgrades should the stock fail to impress.
Elsewhere in the world of broker calls, Business Objects received a downgrade to "underweight" from "neutral.
In broker calls, Boeing (NYSE:BA) was boosted to "outperform" from "neutral," as an analyst raised its target price to $52 from $47.