Agency Trade

Agency Trade

A trade that a broker makes for a client in which the broker initiates the order. Only brokers managing discretionary accounts may make agency trades because, otherwise, they do not have the authority to execute orders without the client's explicit authorization.
References in periodicals archive ?
The trade volume between Qatar and Italy is expected to rise in 2017 compared to last year, Italian Trade Agency Trade Commissioner Andrea Ferrari has said.
Accompanying the business leaders are representatives from the federal agency Australian Trade Commission and state-level agency Trade Victoria.
Adding that business activities in the Agency could restore the prosperity and the Highway was the backbone of the Agency trade.
Thus, in 2010, ARC set the goal of creating a more modern agreement with the help of agencies, airlines, and agency trade associations.
Agency trade groups declined to confirm or deny that House action was pending.
* X-Change Financial Access, an agency trade execution services firm, signed a new, 2,664 s/f lease on the 11th floor.
Participating companies can claim grants worth pounds 600 for travel and pounds 100 for translation services as part of the support package from government agency Trade Partners UK.
But Peter Mathews, chairman of the Midlands World Trade Forum, said that through his organisation, backed by the DTI agency Trade Partners UK and Advantage West Midlands, exporters were "receiving more support than ever".
The officials also argued for an increase to the budget of DTI agency Trade Partners UK and a clarification of the Government's ethical foreign policy and its impact on export licences.
* X-Change Financial Access, an agency trade execution services farm, signed a new, 2,664 s/f lease on the 11th floor.