Intermediary: Difference between revisions

Latest revision as of 11:17, 20 November 2019

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™

Index — Click the ᐅ to expand: Glossary

Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Generally: one of the millions of agents, broker-dealers, advisers, software as a service providers, vendors, introducers and diverse other rentiers whose business model is to clip your ticket as it passes through their hands on the way to, um another intermediary.

@@ Line 1: / Line 1: @@
 {{g}}'''Generally''': one of the millions of [[agent]]s, [[broker-dealer]]s, advisers, [[software as a service]] providers, [[vendor]]s, [[introducer]]s and diverse other [[rentier]]s whose business model is to clip your ticket as it passes through their hands on the way to, um ''another'' [[intermediary]].
-'''Exchange-traded derivative]]s''': A fancy word for an [[intermediate broker]], or [[central counterparty]], when you want to refer generically to either. Well, it beats “[[intermediate broker]], [[clearing house]] or [[Central counterparty - CRR Provision|central counterparty]] [[as the case may be]]”, innit.
+'''[[Exchange-traded derivative]]s''': A fancy word for an [[intermediate broker]], or [[central counterparty]], when you want to refer generically to either. Well, it beats “[[intermediate broker]], [[clearing house]] or [[Central counterparty - CRR Provision|central counterparty]] [[as the case may be]]”, innit.
+{{sa}}
+*[[Ultimate client]]
+*[[Software as a service]]
+*[[Look, I tried]]