Value broker

Value broker

A discount broker whose rates are a percentage of the dollar value of each transaction.

Discount Brokerage Firm

A brokerage firm that provides transaction services predominantly or exclusively. That is, a discount broker provides clients with little or no research or investment advice; rather, it specializes in completing the transactions for which clients ask. Discount brokers usually rely on computer programs to find matching offers or bids. They charge lower commissions than other brokers and rely on a high volume of orders for a profit. See also: Deep Discount Brokerage Firm.
References in periodicals archive ?
We value broker input and their ability to bring us business.
Clients: Insurance buyers want greater depth of insights from their brokers; it's become the new normal in the value brokers are expected to deliver.
Summary paragraph: Hongsong Chou, head of quantitative analytics and algorithms, Asia-Pacific, and Robert Laible, global co-head of electronic trading and QPS sales and head of program trading sales, Asia-Pacific, Nomura, explore the value brokers can add to execution performance.
The value brokers and agents present to clients should not be merely that of an intermediary for the acquisition of insurance or other risk and financial products and services.
As a residential developer in New York City for over 25 years, one of the key things I've learned is the value brokers bring to our industry.
Better information management will separate the true value brokers from the rest of the pack.
for example, is concerned that the industrywide drive for cost control not get translated into a rejection of the total value brokers bring to the distribution system.
This is a wonderful opportunity to highlight the increasing value brokers are deriving from the tax-savings methods and strategies that result from using a 1031 Exchange.