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Direct-Access Broker |
Also found in: Wikipedia | 0.07 sec. |
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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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| Direct-access brokers usually use complicated computer software that allows clients to trade directly with an exchange or with other Direct-access brokers usually use complicated computer software that allows clients to trade directly with an exchange or with other Direct-access brokers usually use complicated computer software that allows clients to trade directly with an exchange or with other |
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