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Direct-Access Firm |
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Direct-Access Firm A brokerage that provides transaction services predominantly or exclusively. That is, a direct-access brokerage provides clients with little or no research or investment advice; rather, it specializes in completing the transactions for which its clients ask. Direct-access brokerages usually rely on computer programs to find matching offers or bids. They usually charge lower commissions than other brokerages 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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| Watley Group licenses software technology and provides trading solutions for E-Brokerages, banks, direct-access firms and Watley Group licenses software technology and provides trading solutions for E-Brokerages, banks, direct-access firms and |
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