commingled securities

Commingled Securities

Securities owned by a customer and held by a brokerage that are kept together with securities owned by the brokerage itself. This especially refers to margin securities kept as collateral. Commingled securities are legal with the permission of the customer. See also: Hypothecation.

commingled securities

Customers' securities that are stored together with a brokerage firm's securities.
References in periodicals archive ?
Fitch's ratings actions follow NTRS' disclosure that it will incur a $275 million after-tax charge to support cash investment and commingled securities lending collateral funds.