Executing broker: Difference between revisions
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To be contrasted with a {{tag|prime broker}}, an executing broker is a good old fashioned share broker, who accepts orders from clients to buy or sell securities. It may act as [[agent]], [[principal]], or [[riskless principal]], and you may lose many hours of your life to the fruitless quest for knowledge should you enquire as to what the difference is between these statuses, and why it should matter. | To be contrasted with a {{tag|prime broker}}, an executing broker is a good old fashioned share broker, who accepts orders from clients to buy or sell securities. It may act as [[agent]], [[principal]], or [[riskless principal]], and you may lose many hours of your life to the fruitless quest for knowledge should you enquire as to what the difference is between these statuses, and why it should matter. | ||
===See also=== | ===See also=== | ||
*{{tag|prime broker}} | *{{tag|prime broker}} | ||
*[[agency]] | |||
*[[principal]] | |||
*[[riskless principal]] | *[[riskless principal]] | ||
Revision as of 10:20, 25 January 2016
To be contrasted with a prime broker, an executing broker is a good old fashioned share broker, who accepts orders from clients to buy or sell securities. It may act as agent, principal, or riskless principal, and you may lose many hours of your life to the fruitless quest for knowledge should you enquire as to what the difference is between these statuses, and why it should matter.