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broker-dealer
(redirected from BrokerDealer)

    Also found in: Wikipedia 0.02 sec.
Broker-Dealer
A person or firm in the business of buying and selling securities operating as both a broker and dealer depending on the transaction.

Notes:
Technically, a broker is only an agent who executes orders on behalf of clients, whereas a dealer acts as a principal and trades for his or her own account. Because most brokerages act as both brokers and principals, the term broker-dealer is commonly used to describe them.

Broker-dealer
Any person, other than a bank, engaged in the business of buying or selling securities on its own behalf or for others. See: Dealer.
broker-dealer
A firm that functions both as a broker by bringing buyers and sellers together and as a dealer by taking positions of its own in selected securities. Many firms that are commonly called brokers or brokerage firms are actually broker-dealers.
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Distribution: Independent agents, brokerdealers, marketing organizations
Polishing the stone: now that the flood of activity from the ... by Green, Meg / Best's Review
Data for securities broker-dealers are net assets (that is, total assets, excluding intercompany transactions) of brokerdealer subsidiaries engaged in activities pursuant to the Gramm-Leach-Bliley Act, as reported on schedule HC-M of the FR Y-9C report.
Report on the condition of the U.S. banking industry: fourth quarter, ... by Federal Reserve Bulletin
The AICPA's website, CPA2Biz, has acquired the brokerdealer Capital Professional Advisors.
Are you chasing the right solution? (Financial Services) by Bernstein, Phyllis / California CPA
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