Intermediary: Difference between revisions

Revision as of 11:16, 20 November 2019

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

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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.

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 as the case may be”, innit.

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 {{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.
+{{sa}}
+*[[Ultimate client]]
+*[[Software as a service]]
+*[[Look, I tried]]