Exclusive(redirected from exclusive of)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.
In the context of general equities, having sole possession of the customer order/indication; not in competition with other dealers.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Describes a broker-dealer who has a client's order or indication of interest without competing with other broker-dealers. That is, an exclusive broker-dealer is not competing for a better commission or anything else with other broker-dealers.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved