Executing broker: Difference between revisions

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{{g}}{{a|brokerage|}}To be contrasted with a {{tag|prime broker}}, an executing broker is a good old fashioned share [[broker]] (or [[dealer]]), who accepts (or [[broker-dealer]]) 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.
{{a|brokerage|}}To be contrasted with a {{tag|prime broker}}, an executing broker is a good old fashioned share [[broker]] (or [[dealer]]), who accepts (or [[broker-dealer]]) 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.


Do you want to know what the difference between a broker, a dealer, and a broker-dealer is? You do, don’t you. You’d be disappointed if you found out. But find out you can, by clicking here - at your own risk of disappointment.
Do you want to know what the difference between a broker, a dealer, and a broker-dealer is? You do, don’t you. You’d be disappointed if you found out. But find out you can, by clicking here - at your own risk of disappointment.