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 ?
We have already made the moves necessary for people to advise us on the relocations," Gould said, hoping to avoid "hundreds" of broker calls.