Broker's Call

(redirected from Broker Calls)

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 ?
com tells host Donna Guzik, "If your broker calls you to offer you shares in an IPO, hang up the phone.
We have already made the moves necessary for people to advise us on the relocations," Gould said, hoping to avoid "hundreds" of broker calls.
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.
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.
Broker calls were light today, but Verso Technologies surged 28 percent after a major brokerage upgraded the stock to "over weight" from "equal weight.
Alternately, in broker calls, Applied Materials (Nasdaq:AMAT) was boosted to "overweight" from "neutral," as an analyst cited a likely acceleration in profit during AMAT's second quarter.
In broker calls today, the oil services sector took a thrashing after a major brokerage downgraded the group to "underweight" from "overweight.