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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For their part, direct writers see recent gains in brokered market share as cyclical rather than permanent.
As of June 1, 1993, ZRC had $625 million in capital and surplus, and is the largest brokered market reinsurer in the United States.
Roge joined PacifiCare's California health plan in June 1998 as vice president of sales and marketing for commercial brokered markets.