Brokered market

Brokered market

A market in which an intermediary offers search services to buyers and sellers.

Brokered Market

The buying and selling of anything where a broker represents one or both counterparties. The broker is thought to be able to extract the best price on behalf of those whom he/she represents. Most securities and real estate transactions occur in brokered markets.
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The President & CEO of Gen Re Kara Raiguel opined, "We are enthusiastic about partnering with TransRe to bring Gen Re's industry-leading security to clients through the brokered market.
For their part, direct writers see recent gains in brokered market share as cyclical rather than permanent.