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discount brokerage firm

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discount brokerage firm
A brokerage firm that discounts commissions for individuals to trade securities. Most discount brokerage firms offer limited advice but reduce their fees by 50% or more compared with full-service brokerage firms. Compare full-service brokerage firm. See also May Day.

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has agreed to plead guilty to two charges related to concealing his ownership of the discount brokerage firm during the mid-1990s, prosecutors said.
BEVERLY HILLS - A Beverly Hills discount brokerage firm has agreed to pay a $2 million penalty to resolve a securities fraud investigation, the U.
Jones Lang Wootton, international real estate consultants, acted on behalf of Waterhouse Securities, a nationwide discount brokerage firm, in negotiating a 10-year lease consisting of 34,230 square feet at 100 Wall Street.
 
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