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Direct-Access Broker |
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Direct-Access Broker A broker that provides transaction services predominantly or exclusively. That is, a direct-access broker provides clients with little or no research or investment advice; rather, he/she specializes in completing the transactions for which clients ask. Direct-access brokers usually rely on computer programs to find matching offers or bids. They usually charge lower commissions than other brokers and rely on a high volume of orders for a profit. See also: Deep discount brokerage firm. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| R) is a broker dealer and a leading Direct-Access broker. 1 Direct-Access Broker by Barron's, ahead of competitors including Instinet's ProTrader (Nasdaq:INET), Charles Schwab's StreetSmart Pro (NYSE:SCH), E*Trade's WebStreet Direct (NYSE:ET), Ameritrade's TradeCast Elite (Nasdaq:AMTD), and seven other direct-access brokers. 1 direct-access broker in our very first review and in the same week we launched this service speaks volumes for the prospects of our company," said Bill Cruz, Co-Chairman of the Board and Co-CEO. |
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