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{{a|brokerage|}} | {{a|brokerage|} | ||
[[File:Hindenburg.jpg|450px|thumb|center|Launch party for the [[2011 Equity Derivatives Definitions]]]] | |||
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===[[Mark-up|Broker’s mark-up]]=== | ===[[Mark-up|Broker’s mark-up]]=== | ||
A [[mark-up]] (or [[mark-down]]) is a [[dealer]]’s way of making money: the equivalent in a [[principal]] arrangement to [[commission]] paid to an [[agent]]. | A [[mark-up]] (or [[mark-down]]) is a [[dealer]]’s way of making money: the equivalent in a [[principal]] arrangement to [[commission]] paid to an [[agent]]. | ||