Mark-up: Difference between revisions

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{{a|brokerage|}}
{{a|brokerage|}}
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]].
Not to be confused with a ''[[legal mark-up]]'', an impenetrable melange of [[passive|passives]], [[passive-aggressive]]s, [[redundancy|redundancies]], {{tag|flannel}} and [[non-sequitur]]s injected into a perfectly sensible {{tag|contract}} by a perfectly tedious [[mediocre lawyer|attorney]].

Revision as of 17:36, 28 November 2018

Brokerage Anatomy™
FIA/ISDA documentation |
Trading capacities: Principal | Undisclosed principal Riskless principal | Agent | Undisclosed agent

Broker types: Broker | Dealer | Broker/dealer | Executing broker | Clearing broker | Prime broker | FCM | CCP

Clearing: Clearing overview | How clearing works | What gets cleared? | Who clears? | Clearing documentation
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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.

Not to be confused with a legal mark-up, an impenetrable melange of passives, passive-aggressives, redundancies, flannel and non-sequiturs injected into a perfectly sensible contract by a perfectly tedious attorney.