| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 3,898,056,175 visitors served. |
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Deep Discount Brokerage Firm |
Also found in: Wikipedia | 0.01 sec. |
|
|
Deep Discount Brokerage Firm A brokerage that offers clients no commissions and usually a flat fee for trades. Unlike most brokerages, a deep discount brokerage provides only trading services; it does not, for example, provide custody services. The idea behind a deep discount brokerage firm is that it will still make a good deal of money from the sheer volume of transactions it facilitates. See also: Discount brokerage firm. Deep discount brokerage firm. A financial services company that offers rock-bottom rates for large-volume securities transactions is sometimes described as a deep discount firm. However, online brokerage firms or electronic communications networks (ECNs) may offer investors cheaper prices for even small-volume trades. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
|
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup |
|---|